Dayhoff Soundtrack: News from The Hill: Liberal lawmakers highlight Defense fraud report to influence supercommittee cuts

Sunday, October 23, 2011

News from The Hill: Liberal lawmakers highlight Defense fraud report to influence supercommittee cuts

News from The Hill:

Liberal lawmakers highlight Defense fraud report to influence supercommittee cuts
By John T. Bennett
Liberal lawmakers will soon send the congressional deficit panel the details of a Pentagon report that shows defense firms over the last decade ripped off the military to the tune of $1.1 trillion, Democratic sources told The Hill.
Pro-military lawmakers from both parties have warned the supercommittee to avoid Pentagon spending cuts beyond the $350 billion ordered by the August debt deal.
But several Senate Democrats want the panel to keep in mind that dollars sent to the Pentagon are often lost to fraud and waste, even as some conservatives raise the possibility of retroactively exempting the Pentagon from the $600 billion cut that will be triggered if the supercommittee fails.
Read the complete story here.

For all the latest news:
Visit TheHill.com
Follow @TheHill on Twitter
Like The Hill on Facebook