Sens. Claire McCaskill (D-Mo.) and Jim Webb (D-Va.) have sponsored a bill that would incorporate ideas from the Commission on Wartime Contracting. That group found the U.S. lost up to $60 billion to fraud, waste and abuse during contracting operations in Iraq and Afghanistan.

"It goes a very long way," said Dov Zakheim, a former member of the commission, about the bill. "It doesn't address all of the problems, and, in one or two respects, it probably goes further than we've gone. But I would say generally it's a major step in the right direction."

Zakheim joined The Federal Drive with Tom Temin to share his thoughts on whether the bill hits the mark.

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Bill aims to overhaul wartime contracting