Bipartisan probe of Dept. of Defense contractors’ “excess profits”

The following is from Sen. Chuck Grassley’s office. Following a CBS News investigation uncovering repeated instances of defense contractors overcharging the Department of Defense (DOD) to secure excess profits of 40 to 50 percent, costing the U.S. taxpayers hundreds of millions of dollars, Sen. Chuck Grassley (R-Iowa) joined Sens. Bernie Sanders (I-Vt.), Mike Braun (R-Ind.), Elizabeth […]

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