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Detailed text transcripts for TV channel - FOXNEWS - 20120418:02:14:00

in the defense department that reach $60 billion. we focus on this one. we hear all the problems and we don t have enough money. price of cutting the firefighters and police officers and raise taxes or not. billion in contract fraud. extraordinary. it is extraordinary. we hallowed out the acquisition force. we didn t give enough support to the government auditors. we paid a price for it. now we re reversing that by working very hard and getting contract procedures in place. that will provide much more strict guidance to the defense department, state department, aid and homeland security. greta: can we get any money back, those that defraud us? we tried. tried to claw back but they let the contractors write the contracts. who is they? defense department. greta: who in the world would write something like that? what kind of person writes a contract where someone defrauds you, that is tough.

Detailed text transcripts for TV channel - FOXNEWS - 20120418:05:14:00

in the defense department that reach $60 billion. we focus on this one. we hear all the problems and we don t have enough money. price of cutting the firefighters and police officers and raise taxes or not. billion in contract fraud. extraordinary. it is extraordinary. we hallowed out the acquisition force. we didn t give enough support to the government auditors. we paid a price for it. now we re reversing that by working very hard and getting contract procedures in place. that will provide much more strict guidance to the defense department, state department, aid and homeland security. greta: can we get any money back, those that defraud us? we tried. tried to claw back but they let the contractors write the contracts. who is they? defense department. greta: who in the world would write something like that? what kind of person writes a contract where someone defrauds you, that is tough.

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