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.
8 posts with this tag
Department of Defense
Featured
Top Five Weapons Companies Set to Get $140 Billion From Pentagon Next Year
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.
Deficit Hawk Henry Cuellar Makes it Rain for His Defense Donors
The Texas Democrat has taken hundreds of thousands from defense companies with histories of ripping off taxpayers.
General Electric Gets Billions in Defense Contracts While Reps Hold Its Stock
Texas Republican Michael McCaul owned up to $6 million in G.E. shares as he sits on the House Armed Services Committee that sets defense funding levels.
Lawmakers Benefit From Booming Defense Stocks
Here are the members of Congress who own stock in defense contractors like Lockheed Martin and Raytheon.
Publicly-Funded Weapons Companies Donate to Election Objectors
Top defense contractors have quietly restarted their PAC donations after a pause, including to Republican election objectors.
Lockheed-Backed Reps Lobby Against F-35 Spending Cuts
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.
House Progressives Ask Biden to Significantly Cut the Pentagon Budget
Over 50 members of Congress are calling on President Biden to "significantly" cut military spending in next year's budget and invest in pandemic recovery and priorities like health care.