Earlier quoted context omitted.
The '24 budget was $842 billion.
0.61% with just a few contracts
Pentagon to terminate $5.1B in IT contracts with Accenture, Deloitte
31–40 of 684 posts
Re: Pentagon to terminate $5.1B in IT contracts with Accenture, Deloitte
#32they will probably announce a new $5B contract with Palantir next week
Fun fact: the current Republican administration was pushing a budget that substantially increased the federal deficit. The one that was finally approved is still a massive budget deficit increase.
Obama reduced the deficit by nearly half during his presidency, the current FY2025 budget has authorized a $1.9 trillion deficit (6.2% of GDP), with reconciliation instructions potentially allowing for a staggering $3.3-5.8 trillion in additional deficit increases over the next decade.
* Obama's final deficit (2017): $666 billion
* Current 2025 projected deficit: $1.9 trillion
This represents an increase of approximately $1.23 trillion, or about 185% higher than Obama's final deficit. The current deficit is nearly triple what it was at the end of the Obama administration.
Republicans have mastered the art of fiscal hypocrisy: campaigning against deficits to win elections, then ballooning them with tax cuts for the wealthy, only to leave Democrats with the thankless job of fiscal cleanup—for which voters reliably punish them at the polls.
Re: Pentagon to terminate $5.1B in IT contracts with Accenture, Deloitte
#33What were these contracts for? Networking or day to day software/application maintenance? I get they were probably bloated (I did work for a defense contractor at one point) but presumably they were doing something. I mean isn’t Deloitte a accounting firm? I’m a little worried about the “stand down” attitude against cyber attacks.
I think Deloitte makes about half of their US revenue from various consulting projects.
Re: Pentagon to terminate $5.1B in IT contracts with Accenture, Deloitte
#34Finally they actually cut something that should be cut.
A correlary to the Gelman effect, with govt spending , it all sounds important and reasonably priced unless the spending is in your circle of expertise
Re: Pentagon to terminate $5.1B in IT contracts with Accenture, Deloitte
#35Re: Pentagon to terminate $5.1B in IT contracts with Accenture, Deloitte
#36Finally they actually cut something that should be cut.
A correlary to the Gelman effect, with govt spending , it all sounds important and reasonably priced unless the spending is in your circle of expertise
Re: Pentagon to terminate $5.1B in IT contracts with Accenture, Deloitte
#37Great, but it doesn’t matter too much as they’ll still vote in an increased budget that adds more debt. How about we raise taxes a bit and stop spending trillions of dollars that we don’t have each year.
I think taxes on imports just got raised a bit.
Re: Pentagon to terminate $5.1B in IT contracts with Accenture, Deloitte
#38On the face of it cutting huge IT govt contracts sounds like a good choice to reduce waste, but with this administration I'm expecting any savings to be funneled to Grok/xAI/Elon.
Which isn't ideal, but easily better than the pentagon that has literally never passed a full audit since they started auditing them in 2018. I'm a huge fan of musk's company's, but I don't want my public tax dollars ever choosing winners/losers
Re: Pentagon to terminate $5.1B in IT contracts with Accenture, Deloitte
#39Kinda amusing that the general sentiment so far, in a forum filled with technology expertise, is that there is certainly waste in these budgets. But, when discussing the overall trend of cutting programs in other fields where the majority doesn't have that expertise, the conclusion is the opposite.
I think part of it's probably that the military is the largest discretionary spending in the US, and it's not especially popular, unlike say NASA or the NPS.
But if you were to tell me that 25% of the Pentagon's budget was waste? That's a big deal.
Yet somehow a certain segment of our population tends to focus on the small fries.
Re: Pentagon to terminate $5.1B in IT contracts with Accenture, Deloitte
#40Earlier quoted context omitted.
The '24 budget was $842 billion.
0.61% with just a few contracts