Tech Waste Costing Taxpayers $20 Billion a Year
$20 billion of the $80 billion per year spent by the government on information technology (IT) is wasted, according to a House Oversight Committee hearing on Tuesday.
The committee held a full hearing to discuss the waste and ways to fight it. Committee chairman Darrell Issa (R., Calif.) said that over the past 10 years, federal IT spending has increased by $46 billion.
