"With the country running a $14 trillion national debt, my goal is to provide as much transparency as possible about what is happening with taxpayer money," Sanders said in a statement. "The sad truth is that virtually all of the major defense contractors in this country for years have been engaged in systemic fraudulent behavior, while receiving hundreds of billions of dollars of taxpayer money."
Billions more went to firms that had been suspended or debarred by the Pentagon for misusing taxpayer dollars, Sanders said.
Yet the leadership of the Pentagon concluded that the "existing remedies with respect to contractor wrongdoing are sufficient," they said in the report.
Perhaps one of the worst offenders, Sanders said, is Northrop Grumman, the third largest contractor in the country which paid $519.8 million since 1995 to settle government contract fraud charges.
Read the full report here.
(H/T to the Huffington Post's Amanda Terkel)