To estimate the *easy* military savings - the ones that won't require shutting down jobs programs scattered in every key Congressional district - Dayen takes the CBO's estimate and cuts it in half, to get an annual savings of $150b/year.
Then there's general prodcurement, where the GAO estimates the US loses $150b/year to bid-rigging and another $521b/year to fraud (the USG also spends $70b/year on management consultants who do no discernible useful work).
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