I think the USAspending.gov, the Coburn-Obama Bill, was a very good step in the right direction.
Bob Bennett
The Public Record
Bob Bennett is a former Republican U.S. Senator from Utah, who served from 1993 to 2011. He was the first Utah senator to be elected to three consecutive terms. During his time in office, Bennett was known for his moderate stance on various issues, including healthcare and fiscal responsibility. He played a significant role in the Senate Appropriations Committee and was involved in efforts to reform the U.S. healthcare system. Bennett was defeated in the 2010 Republican primary, which marked the end of his political career in the Senate. He has remained active in political discussions and has contributed to various policy initiatives since leaving office.
One of the things that is wrong with this whole business of Federal procurement is that a number of businesses simply will not play.
So what I am hoping for today, Madam Chairman, is that we get an understanding of exactly what the state of affairs might be right now.
My understanding is that GSA is probably doing a pretty good job of dealing with this, but again they are acting, as the chart showed, under the direction of OMB.
I also want to thank Senator Collins for her graciousness in welcoming me to the Committee.
Thank you very much, Madam Chairman, both for your statement and your warm welcome.
I have a slight problem with what I hear of the President's vision. I hear it over and over again--full transparency.
If I can for three seconds be President of the United States, OMB should have ownership of this.
Well, I keep going after the locus of the vision, and you have given us two agencies in OMB, both of which you are responsible for--the E-Government and the OFPP.
My fear is that we put this in place, discover that it does not produce any significant change around the world and then leaves us stuck with it.
In adopting a cap and trade system we are hinging economic growth on a complex contract and a convoluted market design both of which have yet to be tested in the real world.
I guess one last--I have tried to probe into the Lehman Brothers decision because I, with the benefit of hindsight, think the Lehman Brothers decision is probably what triggered the mess that got us into the need for TARP.
Systemic risk, what is it? If we do not have a definition of systemic risk that everybody can understand and buy into, we are getting into a messy situation that could end up being just as bad as what we have just come through.
If the definition is clear and accurate, then the reaction on the part of the CEOs of the company will be, 'We want to avoid being stigmatized,' and the whole thing will be self-policing.
I do feel that failing to complete existing projects ultimately ends up as a waste of taxpayers' money.
Terminating ongoing projects obviously long-term creates an enormous cost for the taxpayer.
Once I bought it for the first Seersucker Thursday, I was determined I was going to keep wearing it year after year because I'm not going to pay $150 for a suit and only wear it once.





