The Hill News

In most debates around the country's looming fiscal crisis, "shared sacrifice" is the prevailing theme. 

But as policymakers consider the options on the table, not every potential budget cut must be painful or risk damaging the recovery. In fact, policymakers are currently overlooking an idea that could painlessly save U.S. taxpayers billions of dollars a year while at the same time promote job opportunities for Americans.

The simple idea? Broaden competition for U.S. defense and government contracting. In particular, drastically reduce the number of “sole sourced” contracts awarded without soliciting bids from multiple suppliers.

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