Archive for Saturday, July 19, 2008
Hedging on a costly new perk
The helicopters being built to fly the next president are projected to cost $400 million apiece.
John McCain and Barack Obama vow to reform the nation’s defense procurement if elected president, yet neither has taken a firm stand against the skyrocketing cost of a White House perk: the new Marine One helicopter.
Originally carrying a hefty price tag at $6.1 billion, the fleet of 28 helicopters being built to fly the next president is now projected to cost $11.2 billion.
At $400 million apiece, the helicopters far exceed a prime example McCain uses on the campaign trail to rail against congressional pork-barrel spending, a $230-million “bridge to nowhere” in Alaska. The British have bought the same base model helicopter for $57 million each.
In separate interviews with the Associated Press, the Republican and Democratic presidential candidates pledged to look at the program but stopped short of saying whether it should be canceled. Any review after the next president takes office in January would butt up against the first deliveries of the helicopters, slated for 2010.
McCain labeled the contract growth a “scandal” before asking to revise his assessment “in a more polite way.”
He said the program is part of “an out-of-control procurement system that has to be fixed.”
Obama said, “I haven’t taken a close look at it, but, in principle, it is a lot of money, even in Washington.”
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- Biden, the master gasbag
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- House of Blues on Sunset Strip in jeopardy of sanctions
- Thousands celebrate 100th anniversary of Philippe's
- Maher's mockery misses the point
- Ex-inmate turned millionaire dies in accident
- Red Sox send Angels home again
- Judge orders 17 Chinese Muslims released from Guantanamo Bay
- Nick Nolte's Malibu home destroyed by fire
- Dow drops more than 500 points
- John McCain and Barack Obama prepare for Nashville debate
- Ex-inmate turned millionaire dies in accident
- AIG fiddles as Wall Street burns
- Foes of gay-marriage ban say poll shows Prop. 8 leading
- Presidential debate: minute by minute
- Elgin Baylor leaving the Clippers
- 'The Real Housewives of Atlanta'
