Lawmakers Quietly Gave Weapons Firms a Bailout for So-Called Inflation Relief

Lawmakers fundamentally transformed the law in the defense bill to enable price increases for Pentagon contracts.

The defense industry spent the majority of 2022 exploiting inflation as a justification for more military spending. It succeeded when Congress delivered a budget $45 billion higher than the president requested, but lesser known is how Congress quietly slipped contractors another form of so-called inflation relief in the annual defense policy bill. Lawmakers authorized potential sweeping price...

Source

This post was originally published on Latest – Truthout.


Print Share Comment Cite Upload Translate Updates
APA
Julia Gledhill | radiofree.asia (2024-05-15T18:03:58+00:00) » Lawmakers Quietly Gave Weapons Firms a Bailout for So-Called Inflation Relief. Retrieved from https://radiofree.asia/2023/03/03/lawmakers-quietly-gave-weapons-firms-a-bailout-for-so-called-inflation-relief/.
MLA
" » Lawmakers Quietly Gave Weapons Firms a Bailout for So-Called Inflation Relief." Julia Gledhill | radiofree.asia - Friday March 3, 2023, https://radiofree.asia/2023/03/03/lawmakers-quietly-gave-weapons-firms-a-bailout-for-so-called-inflation-relief/
HARVARD
Julia Gledhill | radiofree.asia Friday March 3, 2023 » Lawmakers Quietly Gave Weapons Firms a Bailout for So-Called Inflation Relief., viewed 2024-05-15T18:03:58+00:00,<https://radiofree.asia/2023/03/03/lawmakers-quietly-gave-weapons-firms-a-bailout-for-so-called-inflation-relief/>
VANCOUVER
Julia Gledhill | radiofree.asia - » Lawmakers Quietly Gave Weapons Firms a Bailout for So-Called Inflation Relief. [Internet]. [Accessed 2024-05-15T18:03:58+00:00]. Available from: https://radiofree.asia/2023/03/03/lawmakers-quietly-gave-weapons-firms-a-bailout-for-so-called-inflation-relief/
CHICAGO
" » Lawmakers Quietly Gave Weapons Firms a Bailout for So-Called Inflation Relief." Julia Gledhill | radiofree.asia - Accessed 2024-05-15T18:03:58+00:00. https://radiofree.asia/2023/03/03/lawmakers-quietly-gave-weapons-firms-a-bailout-for-so-called-inflation-relief/
IEEE
" » Lawmakers Quietly Gave Weapons Firms a Bailout for So-Called Inflation Relief." Julia Gledhill | radiofree.asia [Online]. Available: https://radiofree.asia/2023/03/03/lawmakers-quietly-gave-weapons-firms-a-bailout-for-so-called-inflation-relief/. [Accessed: 2024-05-15T18:03:58+00:00]
rf:citation
» Lawmakers Quietly Gave Weapons Firms a Bailout for So-Called Inflation Relief | Julia Gledhill | radiofree.asia | https://radiofree.asia/2023/03/03/lawmakers-quietly-gave-weapons-firms-a-bailout-for-so-called-inflation-relief/ | 2024-05-15T18:03:58+00:00
To access this feature and upload your own media, you must Login or create an account.

Add an image

Choose a Language



A Free News Initiative

Investigative Journalism for People, Not Profits.