Want to save money, Republicans? Let’s reform military procurement
Businessweek reports on a problem that progressives have known about for a long time: the Pentagon pays way too much for pretty much everything, even prescription drugs. Defense contractors and megacorporations are making a killing overcharging taxpayers. What’s worse, the quality of the weapons, vehicles, and equipment they’re delivering is going down. Just look at the ballooning costs for the F-35 Lightning II.