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.
Top defense contractors have quietly restarted their PAC donations after a pause, including to Republican election objectors.
As the F-35 fighter comes under Pentagon review for potential cuts, bipartisan groups of lawmakers are calling to continue high levels of spending on the troubled $1.7 trillion program.
The F-35 program could soon be scaled back—and possibly phased out—after gobbling up hundreds of billions of taxpayer dollars.