E-Mails Provide a Glimpse Into 'Iron Triangle': "From a program initially seen by Boeing and the Air Force as a clever way to acquire a new tanker fleet without having to budget for it and buy the planes outright, the lease has now developed a reputation as the most significant military contracting abuse in 20 years, according to a letter sent to the Pentagon last month by Senate Armed Services Committee Chairman John W. Warner (R-Va.) and two other committee members."

"In fact, said PA&E director Ken Krieg in a memo on June 20, 2003, to Wynne and others, lease costs would exceed purchase costs by $1.9 billion to $6 billion, depending on the accounting method used."

(Via washingtonpost.com - Politics.)