Ilya Marritz covers business for WNYC.
Increased Oversight in Federal Contracts
Wednesday, March 04, 2009
New York, NY —
Bipartisanship was on display this morning at the White House. With his former opponent, Senator John McCain at his side, President Obama signed a memorandum changing the way government buys goods and services. The administration says new oversight and more competitive bidding will save the taxpayers $40 billion a year.
Also standing with the president this morning was Brooklyn Congressman Edolphus Towns. He spoke with WNYC's Amy Eddings.