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.
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Pentagon budget
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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.
Lockheed-Funded Granger Vows to Protect Defense Spending
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 to Vote on the Largest Defense Budget in History
House progressives have again introduced amendments to significantly reduce the massive Pentagon budget of at least $768 billion.
Democrats’ Budget Plan Would Cost Only Half of One Percent of GDP
The Biden administration and Senate Democrats' $3.5 trillion spending plan would have a net cost of $1-1.75 trillion over 10 years, budget groups say, less than the costs of the Trump tax cuts of 2017.
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.
Biden’s $6 Trillion Budget, in Context
The White House budget proposal, with its infrastructure and families plans, would only spend about a quarter of GDP, less than other wealthy countries spend.
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.