READ OF THE DAY
Defense industry to launch inflation relief push in Congress
By Joe Gould
Sep 1, 10:47 AM
The Capitol in Washington, D.C., is seen from the Tidal Basin at sunset on Aug. 2, 2022. (Colin Demarest/C4ISRNET)
WASHINGTON ― Defense industry associations are laying the groundwork for a lobbying blitz as they seek relief for contractors from inflation.
The push will be focused on shaping the stopgap funding bill known as a continuing resolution that lawmakers are expected to use to keep the government functioning past September. A continuing resolution maintains government funding at current levels ― often straining budgets even without record inflation ― so trade groups hope to modify it.
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