Bush defense spending increases equal 1 percent of U.S. output

Article Abstract:

The budget figure was considered as the largest national economy on the planet. Bush during his first term increased defense spending by 1% of U.S economic output, further the defense spending became equal to 4% of the total output. The national defense spending is increased by almost half in three months.

United States, Strategy & planning, Government expenditures, Public affairs, Analysis, Planning, Political activity, Economic policy, Budget, Budgets, Bush, George W., Company business planning

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GAO sees costly flaws in Pentagon procurement process

Article Abstract:

The author examines a report from the U.S. General Accounting Office critical of the Pentagon's lack of control over defense contractor overruns. Topics include methods of cost control, development of weapon systems, and defense contract requirements.

Cost Control Techniques, Reports, United States. Department of Defense, United States. Government Accountability Office, Weapons systems, Cost control, Defense contracts, Government contract, Cost reduction, Defence contracts

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