Wasteful spending at the Pentagon is one of the most overanalyzed problems in Washington. The past thirty years have seen dozens of special taskforces and blue-ribbon commissions and congressional panels devoted to eliminating fraud and budget blowouts, and yet nothing ever seems to change. If Obama wants to prevent his own attempt at Pentagon reform from being relegated to the historical dumpster, he should be nervous about the acquisition legislation moving through Congress right now.
Both the House and Senate have passed acquisition reform bills unanimously, already an ominous sign. The bills contain some sensible ideas, such as ensuring that technology is fully developed before it's put into production, and requiring independent cost estimates for weapons systems. But like so many previous "reforms," these changes will only make a difference if the Pentagon and Congress opt to enforce them. Some of the more promising measures in the Senate bill—including the independent cost assessments—have already been watered down.