Waste, Fraud, and Abuse

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Reform Acts Will Increase Transparency and Encourage Discovery of Waste

Chairman Waxman introduced two bills to increase government transparency and encourage the discovery of waste, fraud, and abuse of taxpayer money. The hearing provided an opportunity for the Committee to focus on the issues of lobbying and ethics reform in the executive branch. The Committee heard from noted experts and academics on these issues.

Financial Impacts of Waste, Fraud, and Abuse in Pharmaceutical Pricing

The goal of the hearing is to examine whether there are fraudulent, abusive, or wasteful pharmaceutical pricing practices that affect federal health programs such as Medicaid, Medicare, and the Public Health Service “340B” program that should be the subject of additional congressional oversight.

Hearing Questions Management of Homeland Security Contracts

The hearing focused on the Department of Homeland Security’s management of large contracts that rely on private contractors as “system integrators.” The Committee focused on two examples of multi-billion dollar contracts: the Deepwater program to develop new ships for the Coast Guard and the Secure Border Initiative to integrate technology and personnel to defend the nation’s borders.

Iraqi Reconstruction: Reliance on Private Military Contractors

Family members of four Blackwater employees killed in Fallujah testified about what they view as profiteering by Blackwater USA, including the company’s alleged failure to provide armored vehicles and other critical safety equipment. The Committee examined the costs of Blackwater’s security operations to the taxpayer and the adequacy of federal oversight of Blackwater and other security contractors.

Hearing Questions Waste, Fraud, and Abuse In Iraq Reconstruction

Ambassador L. Paul Bremer and Stuart Bowen, the Special Inspector General for Iraq Reconstruction, testified on management of U.S. funds in Iraq. Questions were raised about an audit report issued in 2005 by Mr. Bowen that concluded that more than $8.8 billion in cash was disbursed without adequate financial controls.

Hearings on Waste, Fraud, and Abuse of Taxpayer Dollars

From February 6-9, the Oversight Committee will hold four hearings on waste, fraud, and abuse of taxpayer dollars. The hearings focus on Iraqi reconstruction, Homeland Security contracting, and prescription drug pricing.

It's Your Money

The history of the Bush Administration’s handling of federal contracts and other expenditures is one of persistent and costly mismanagement. It's Your Money, presented by Representative Henry A. Waxman, features specific examples of government waste, fraud, and abuse.

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