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.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.