There were 190 press releases posted in the last 24 hours and 404,180 in the last 365 days.

Grothman Announces Hearing on DoD Platform and Performance Costs

WASHINGTON—Subcommittee on National Security, the Border, and Foreign Affairs Chairman Glenn Grothman (R-Wis.) will hold a hearing titled “Wasteful Spending and Inefficiencies: Examining DoD Platform Performance and Costs.” The subcommittee hearing will examine multiple programs within the Department of Defense (DoD) which are behind schedule and significantly above budget, leading to massive cost overruns inflicted on American taxpayers. This hearing will also examine the lack of accountability at DoD enabling this waste, fraud, and abuse.

“The DoD is one of the worst money managers in the United States. Wasteful programs have led to massive cost overruns which is felt by U.S. taxpayers. It is no wonder the DoD has failed six audits consecutively when project after project is behind schedule and costlier than expected. The DoD must be held accountable, and this hearing is a great example to do just that,” said Subcommittee Chairman Grothman.

WHAT: Hearing titled “Wasteful Spending and Inefficiencies: Examining DoD Platform Performance and Costs”

DATE: Wednesday, July 24, 2024

TIME: 10:00 a.m. ET

LOCATION: 2154 Rayburn House Office Building

WITNESSES:

  • Mr. Moshe Schwartz, Senior Fellow of Acquisition Policy, National Defense Industrial Association
  • Ms. Mackenzie Eaglen, Senior Fellow, American Enterprise Institute
  • Mr. Bryan Clark, Senior Fellow and Director, Center for Defense Concepts and Technology, Hudson Institute

The hearing will be open to the public and press and will be livestreamed online at https://oversight.house.gov/.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.