HIGH PORK FACTOR RISK!! (aka Fraud, abuse. You know.)
http://www.gao.gov/docsearch/abstract.php?rptno=GAO-06-497T
This statement also addresses several ongoing high-risk issues: (1) DOD cannot ensure that the more than $200 billion it spends annually is used wisely and results in weapon systems and capabilities delivered to the warfighter as originally promised, or that its business practices, such as the fees paid to its contractors, promote good acquisition outcomes; (2) the Postal Service has made significant progress in addressing some challenges related to its transformation efforts and long-term outlook but continues to face significant challenges, such as declining First-Class Mail volumes and an unsustainable business model, that threaten its financial viability; (3) although DHS has made some progress in the department's transformation and implementation, it continues to face significant challenges in several key areas, such as strategic planning, information sharing, disaster management and partnering with others; and (4) terminations of large underfunded pension plans have created a $23 billion deficit for PBGC's Single Employer Insurance Program and additional claims seem likely in the near future; legislation is pending to address various aspects of these problems.
I'm Shocked! well after the last few months of Bush..I'm not really shocked. Nope. More Like Disgusted.
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