Dems Find Trump Admin ‘Squandered’ Up to $500 Million in Buying Ventilators – By Yuval Rosenberg (Fiscal Times) / July 31 2020
A report by a panel of the House Oversight Committee raises serious questions about the roughly $3 billion in taxpayer money spent by the Trump administration as it scrambled to acquire ventilators, NBC News’s Heidi Przybyla writes:
“[I]nternal emails and documents obtained by Democrats on the House Oversight Committee suggest that the Trump administration failed to enforce an existing contract with a major medical manufacturer, delayed negotiations for more than a month and subsequently overpaid as much as $500 million for tens of thousands of the devices — a costly error at a time when officials from some of the biggest states were warning of shortages.”
The report is titled, “The Trump Administration’s Failures in Contract Management and Inept Negotiation by Senior White House Officials Denied Americans Ventilators During the Coronavirus Pandemic and Squandered Up to $504 Million in Taxpayer Funds.”
Matt Smith, a spokesman for Oversight Committee Republicans, told NBC that Democrats were politicizing the federal coronavirus response.
Continue to article: https://www.thefiscaltimes.com/2020/07/31/House-Dems-Find-Trump-Administration-Squandered-500-Million-Buying-Ventilators
