Oversight Holds Hearing Tuesday on Wasteful IT Spending
WASHINGTON- House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., has called a hearing next Tuesday at 1 p.m. focusing on the wasteful and dysfunctional fashion in which the federal government acquires information technology (IT) systems and services.
American taxpayers have spent more than $600 billion on IT over the past decade. Currently, the federal government spends about $80 billion annually on IT, with industry experts estimating that as much as 70% of new federal IT acquisitions fail or fall behind schedule. The estimated cost to the taxpayer of these failed IT programs is as high as $20 billion each year.
The White House’s top IT official, Federal Chief Information Officer Steven VanRoekel will testify along with the Government Accountability Office, former Oversight Committee Chairman Tom Davis, and several large and small IT contractors.
Tuesday, January 22nd
Wasting Information Technology Dollars: How Can the Federal Government Reform its IT Investment Strategy?
Full Committee, Chairman Darrell Issa, R-Calif.
1:00 pm in 2154 Rayburn House Office Building and streamed live online at http://oversight.house.gov/.
• Mr. Steven VanRoekel, Federal CIO, White House Office of Management and Budget
• Mr. David Powner, Director, Information Technology Management Issues, GAO
• Mr. Douglas Bourgeois, Vice President, Chief Cloud Executive, VMware, Inc.
• Mr. Michael Klayko, Advisor and Former CEO, Brocade Communications Systems, Inc.
• Mr. Chris Niehaus, Director, Office of Civic Innovation, Microsoft Corporation