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Chris Deluzio: “The Pentagon's reported that over the past decade research…”

Featuring: Chris Deluzio, Democratic | U.S. House, Pennsylvania, District 17

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‘National Security Shouldn’t Be Subject To The Whims Of Wall Street’: Chris Deluzio

Published | Video Starts at 00:36

But what are they doing with that power? Are they investing and innovating? They're enriching themselves with stock buybacks and shareholder dividends fueled by public money while shrinking their investments in innovation. The Pentagon's reported that over the past decade research and development is down, but corporate payouts for prime contractors are up. Meanwhile, they're lobbying Congress for more cash every year. Top RAs warn that late or over budget defense orders threaten our readiness. (00:36–00:45)

CLAIM

Asserts that Pentagon reports indicate a decrease in R&D and an increase in corporate payouts.

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