Here Are the Members of Congress Invested in War
More than 50 members of Congress own stock in defense contractors whose profits are soaring from giant Pentagon budgets and supplemental weapons packages.
More than 50 members of Congress own stock in defense contractors whose profits are soaring from giant Pentagon budgets and supplemental weapons packages.
A Sludge analysis estimates that more than half of the fiscal year 2024 Pentagon budget will go to private contractors, with the five largest companies raking in one-sixth of all military spending.
In repeated votes, Gallego has sided against amendments from his Progressive Caucus colleagues that would have reduced the Department of Defense budget by 10%.
Republican Rep. Kay Granger, the number one recipient of defense sector donations in the House and a "vocal supporter" of the over-budget F-35 fighter program, will chair the House Committee on Appropriations.
House progressives have again introduced amendments to significantly reduce the massive Pentagon budget of at least $768 billion.