Not much attention was paid to a new report issued by Rep. Henry Waxman on government contracting.
Bottom line? The value of federal contracts has grown 86 percent between 2000 and 2005, going from $203 billion in 2000 to $377.5 billion. Waxman's team studied more than 500 sources, including government and independent agency reports, audits, and investigations to prepare the report. Waxman's staff also interviewed government procurement experts and relied on data from the Federal Procurement Data System to reach its conclusions, the report said. Sounds like pretty thorough research to me.