The president's promise to clean up contracting was in line with his pledge to cut the soaring federal budget deficit in half by the end of his mandate in 2013.Double-speak nebulous vapor wrapped in a thick presupposition shell.
Looks like the Pentagon can expect massive defense cuts on the order of 50% in the coming years. That is the only way Obama can come close to making good on his promise of cutting the deficit AND increasing entitlement spending, because the tax increases will not be nearly enough.