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Originally Posted by Jacuzzme
The excess workers are small potatoes, contractors are where the money goes. I was hosing Uncle Sam for more every month than a GS10 makes in a year, for about 15 hours work. That’s just one guy. A place like KBR with thousands of employees has contracts that are astronomical.
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Quote:
Originally Posted by Jacuzzme
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Federal contractors should expect “massive cuts” in what they can charge once President-elect Donald
Trump’s government efficiency drive is underway, according to
entrepreneur Vivek Ramaswamy, who will co-lead the initiative
with billionaire Elon Musk.
“There is massive waste, fraud and abuse right now,”
Ramaswamy said on Fox News’ Sunday Morning Futures. “Federal
contractors are really exploiting the federal government.”
Trump said last week that the new panel — known as the
Department of Government Efficiency — would work with the White
House’s Office of Management and Budget to dismantle
bureaucracy, slash regulations, cut wasteful spending and
restructure federal agencies.
“We expect certain agencies to be deleted outright,”
Ramaswamy said. “We expect mass reduction in force in areas of
the federal government that are bloated. We expect massive cuts
among federal contractors and others who are overbilling the
federal government.”
Ramaswamy didn’t single out any contractors, and isn’t
clear yet how the efficiency drive will be structured.
If Musk and Ramaswamy are put on a federal advisory
committee, they’d be subject to ethics laws requiring them to
recuse themselves from discussions and decisions affecting them
personally. SpaceX, Musk’s rocket company, has more than $15
billion in federal contracts.
https://news.bloomberglaw.com/enviro...fficiency-push
