Tuesday, March 31, 2009

Nearly 7 in 10 major U.S. arms programs over budget

Nearly 70 percent of the Pentagon's 96 major weapons-buying programs were over budget in 2008 for combined cost growth of $296 billion above original estimates, congressional auditors said in an annual report released on Monday.  http://www.reuters.com/article/topNews/idUSTRE52T6UE20090330