Sunday, Oct 04th

Last update05:15:08 AM GMT

You are here News Congress 151 Congressmen Derive Financial Profit From War

151 Congressmen Derive Financial Profit From War

E-mail Print PDF

According to the latest reports, 151 members of Congress invested close to a quarter-billion in companies that received defense contracts of at least $5 million in 2006. These companies got more than $275.6 billion from the government in 2006, or $755 million per day, according to, a website of the watchdog group OMBWatch.

Congressmen gave themselves a loophole so they only have to report their assets in broad ranges. Thus, they can be off as much as 160 percent. (Try giving the IRS an estimate like that.)


Most Recent Related Stories...

House Benghazi panel may have broken ethics rules: Pelosi

Nancy Pelosi on Benghazi hearingsA probe of the 2012 Benghazi attacks may have violated congressional ethics rules, House of Representatives...

Republicans, Planned Parenthood square off in Congress

GOP v Planned ParenthoodU.S. Congressional Republicans on Tuesday challenged Planned Parenthood's eligibility for federal funds, while the health organization's...

Senate approves temporary spending bill, House expected to follow

temporary spending billThe Senate easily passed a temporary funding measure Wednesday that will keep the U.S. government open...

Senate votes to advance spending bill that would avoid government shutdown

Senate [asses spending billThe U.S. Senate on Monday voted in favor of a spending bill that would avoid a...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!