This is the Cato Delhi Podcast for Monday, May 5th, 2014. I'm Caleb Brown.

The Department of Defense is over budget and behind schedule on a huge number of its programs

and that adds up to a budget overruns of half a trillion dollars.

Nicole Kating is a budget analyst at the Cato Institute.

She says follow the incentives.

So the Government Accountability Office released a report that looked at 80 major

weapons systems within DOD.

And what they found, those 80 programs will cost taxpayers about 1.5 trillion dollars,

which is about 500 billion dollars over budget. Of those 80 programs, 42% of them have experienced cost increases

greater than 25%.

Not only is this project's expensive,

they're over budget, and they're behind schedule.

Is that part for the course for military?

I mean, it's part for the course course I think at a lot of public arenas but

does the military is the military getting worse or better at this do we have a sense of that?

So Geo mentions in the report that DOD has made small amounts of progress in the last several

years within the procurement process, but says that this is, there's a quote in the report saying

this is a report they could have written any time in the last 20 years.

These numbers aren't getting better and they continue to be over budget and behind schedule.

This is a report from a government agency saying that one of our largest spending programs, defense, a constitutional

program, is over budget behind schedule, what changes?

Well, so the most interesting thing about this report was in over budget, what changes?

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