Created in 1958 for NASA, the obscure fiscal tool has since become the predominant approach to military contracting – at great risk to taxpayers, one researcher warns.
Julia Gledhill of the Stimson Center argues in this op-ed that eliminating Cost Accounting Standards would promote more Pentagon waste.
As threats continue to evolve, speed will increasingly depend on what is already available when the need emerges.
With "unfunded" priorities priced at nearly $50 billion this year, POGO analyst Julia Gledhill says it's past time Congress reined in the Pentagon wish list.