currently Pan STARRS works full time to search for asteroids, but you won't find this fact in a report.
But that's not the assertion the report makes. The report does not say that there are no programs and people working on the problem. The report is saying that the current efforts and projected efforts will not be enough to meet the 90% goal by 2020 given that only 10% of the estimated target asteroids have been found.
But there is not even mention of that such lack of money, instead it is insisted that there so huge money are spent on search for asteroids.
Funding is one aspect; however, the report also asserts that even if the budget were increased significantly the current program's structure will probably not be efficient enough to take advantage of increases and recommends a change in management structure.
Then, they criticize allocation of funds to Space Surveillance Telescope in Australia. That is true, that there are no mentioned agreements, the trick is that all software for the telescope is developed by just the same team, which received grants from NASA and more - asteroid tracking will not even interference with operation of telescope while performing duties, so agreements might be not an issue after all, because nothing will change in operation of telescope to enable it to look for asteroids.
The problem is not who is developing the software or how effective it is. The problem is the SST will be in Australia's hands and no agreement is in place for time on the telescope. While the future administrators might be friendly to the NEO program, there are no guaranteed time allocation (in writing). The criticism is that NASA should not have granted the money without some sort of formal agreement or plan for after the transfer. Just like any contract: get it in writing.
And what is important - this telescope will be most powerful asteroid tracking telescope.
Which makes it even more important that NASA get some sort of agreement about how much time the NEO program will get. It's not like powerful telescopes are easily obtained at your local grocery store.
So was it a good idea to spend money on it? I would say yes. For authors it is really no.
That's not what the authors are saying. They are not saying the money should not have been spent. They are saying that NASA made a terrible deal because they essentially gave money away with little assurances that they get anything in return. It's not like NASA is just swimming in excess money. NASA's budget is always under pressure to do more with less.
so we have a situation that someone wants to show who is boss here. But unfortunately, those pretending to be bosses look more like idiots.
No we have an inspector general doing their job: oversight.