Contracting Overhaul


The president announces a change in how government contracts are awarded and who can earn them in morning remarks.

Says there’s too many abuses of taxpayer money, could save $40 billion to $50 billion a year by making process more competitive. Read his remarks here.

Obama is joined by McCain, other congressional figures as he signs the memo Wednesday.

Related Topics: News, The Page

Post a Comment

You must be logged in to post a comment.

  • Tweets

    View More Tweets From @TIME


Get every new post delivered to your Inbox.

Join 297 other followers