VPR News
VPR News
Contract fraud loophole eliminated
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A multibillion-dollar loophole has been removed from a proposal to crack down on government contract abuse. The Bush administration removed the loophole the day before a hearing was scheduled to investigate how it was placed in a Department of Justice rule.VPR News
Midday Newscast: April 10, 2008
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Sen. Bernie Sanders is trying to extend federal tax credits for clean energy projects; a new report shows a real estate slowdown in Vermont. Recovery crews are searching the Otter Creek for a missing Middlebury College student; ore..VPR News
Welch calls for hearing on fraud loophole for overseas contracts
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Last fall, the Department of Justice put rules into place to crack down of fraud in government contract. Under the rules, independent contractor would be required to report fraud if the abuse exceeds $5 million. At the last minute, a provision was added to exempt all overseas contracts from the new regulations. We asked Peter Welch if anyone knows how the loophole got into the Department of Justice rule:VPR News
Welch pursuing investigation into why overseas contractors exempted from law
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Congressman Peter Welch says he wants to know why the Bush administration is exempting overseas contractors from the fraud and fiscal abuse laws of the United States. Welch says this is critically important, because over the past five years, more than 100 billion dollars has been spent on independent contracts in Iraq and Afghanistan.VPR News