House Limits Earmarks
In a move that surely sent shock waves across the Defense industry, House leadership decided on Tuesday to ban the awarding of earmarks to for-profit companies. The measure was not voted upon, but House Defense Appropriations Chairman Norm Dicks (D-WA) signaled that his panel would follow the ban. In contrast, the Senate has indicated that it will likely not follow the House’s lead. Had the ban been in effect last year, it would have blocked roughly $1.7B in federal spending, much of it military.
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