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Report: Secret Pentagon Study Found $125B in Wasted Spending

pentagon

The Defense Department has more than 1 million contractors, civilians, and uniformed personnel on its payroll.

Anna Giaritelli reports: A Pentagon-commissioned study in 2015 found the Defense headquarters wasted $125 billion. But upon learning of the study’s results, military leaders ordered the findings never be released to the press or public, according to a report published Monday evening.

tanks

In January 2015, the Pentagon learned it could cut $125 billion in administrative costs at the Arlington, Va., facility over the next five years. But Defense leaders chose to keep the report secret in fear lawmakers would cut funding, the Washington Post found.

Joker-billionaire-burning-money

The Defense Business Board study stated all of these cutbacks could take place without any military employees being terminated. The federal advisory board of corporate executives and consultants recommended that some employees be encouraged into early retirements and their positions be eliminated through attrition, while overcompensated contractors would be cut back.

The Defense Department has more than 1 million contractors, civilians, and uniformed personnel on its payroll, as well as…(read more)

Source: Washington Examiner

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