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Congress Trying to Sneak Through Major Giveaway to Defense Contractors
|Last Edited||RP Jul 15, 2017 05:17pm|
|News Date||Friday, July 14, 2017 05:05:00 PM UTC0:0|
|Description||Congress is on the brink of a major giveaway to defense contractors, tucking language into a must-pass piece of legislation that would broadly expand their ability to gouge the federal government on sole-source contracts. |
This year’s version of the NDAA, which authorizes $696 billion in military spending, includes a nice gift for contractors, particularly those that have monopolized a particular part the Pentagon needs. Buried in the NDAA, which is scheduled to pass the House Friday, is an increase in the amount of products which can be sold to the military without providing cost information — data about the price of manufacturing and labor. Without this information, monopoly contractors could enjoy a huge markup on their sales to the government without anyone knowing about it.
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