By Hawkeye Reporter Report |
Jun 3, 2023
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 Warren (D-Mass.) and Ron Wyden (D-Ore.) in urging Secretary of Defense Lloyd Austin III to launch a thorough investigation.