Military contractor Transdigm gouged taxpayers $1,443 for a small part that cost $32 to make. Congresswoman Alexandria Ocasio-Cortez rightly asked Transdigm’s CEO at a Congressional hearing, “Why should we give you another dime?” The CEO response: “It seems to me the government always has the choice of what to buy and what not to buy from us.”
John Stossel admist that’s true, but the problem is, bureaucrats who make spending decisions rarely care about cost. It’s not their money. Stossel digs into the outrageous government spending with special guest Eric Gomez of the Cato Institute.