Bernie Sanders wants an investigation into price gouging by military contractors after a “60 Minutes” probe found that corporations are overcharging the government, resulting in millions of dollars in excess taxpayer spending and huge profits for them.
oversight lapses will likely “be exacerbated by the push to rapidly expand production to deal with supplying Ukraine and stockpiling systems relevant to a potential conflict with China.”
“Proposals to push weapons out the door more quickly with less scrutiny, coupled with the sheer volume of systems being produced, will open the way to additional price gouging,” Hartung warned. “As spending rises and vetting decreases, the prospects for fraud, waste, and abuse will grow,” he added. “And the arms industry and its allies in Congress and the Pentagon are intent on making any changes made to deal with the Ukraine emergency permanent, which could supersize the weapons industry while reducing oversight and accountability — a recipe for relentless, unnecessary price increases that could continue well beyond the end of the Ukraine war.
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