Detailed text transcripts for TV channel - CNN - 20101201:06

Detailed text transcripts for TV channel - CNN - 20101201:06:34:00

>> well, that was then-candidate obama on the campaign trail. so why has the virtual fence turned into virtual unreality? too many promises from boeing, not enough oversight. this is from a gao report on the virtual fence, which homeland security calls the secure border initiative network, or sbinet. "dhs has not effectively managed and overseen its sbinet prime contractor," that would be boeing, "thus resulting in costly reworking contributing to the history of not delivering promised capabilities and benefits on the time and budget." they stand by their word, in part their statement reads "boeing stands behind its work on the sbinet system as a reliable effective border security tool." so what now? that's the question. nearly $1 billion of your money into this thing. the dhs just extended boeing's contract until december 18th and had this to say about the future of the program. "dhs is currently reviewing the independent quantitative science-based reassessment of the sbinet program.

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