Did the White House really turn down this offer?

I heard that IBM offered to work on reducing fraud in the US Government for free. And the White House turned them down.

Now I could suggest a number of nefarious reasons for turning down such an offer. But considering the cost of waste, fraud, and abuse in the US Government today, what it was going to cost the taxpayers, how big the deficit is, and how far in debt we are, refusing help at NO COST makes no sense.

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