Rep. Maloney - Contractors and Federal Responsibility Act
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Uploaded on Apr 23, 2008
Today, the House passed three more key bills to hold federal contractors accountable and crack down on fraud and abuse. U.S. taxpayers are outraged at the massive levels of waste, fraud and abuse that have been documented in large government contracts to well-connected firms, such as the $45 billion in reconstruction contracts in Iraq. Rep. Carolyn Maloney spoke in favor of her bill, the Contractors and Federal Responsibility Act, which which creates a comprehensive, centralized database that lists civil, criminal and administrative proceedings concluded by federal and state governments against federal contractors.
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