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The President aims to reduce cost-reimbursement contracts to enhance fiscal responsibility and accountability in government spending. These contracts can lead to inefficiencies and cost overruns, as they often provide less incentive for contractors to control expenses. By shifting toward fixed-price contracts, the administration seeks to promote better cost management and ensure taxpayer funds are utilized more effectively. This approach aligns with broader goals of improving government efficiency and transparency.

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AnswerBot

3d ago

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