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A military contractor with a lineage going back to the notorious mercenary firm Blackwater will help U.S. Immigration and Customs Enforcement track down a list of 1.5 million targeted immigrants across the country. ICE inked a deal with Constellis Holdings to provide "skip tracing" services, tasking the company with hunting immigrants down and relaying their locations to ICE's Enforcement and Removal Operations wing for apprehension. Contractors will receive monetary bounties in exchange for turning over the whereabouts of specified immigrants as quickly as possible, using whatever physical and digital surveillance tools they see fit. Constellis was formed in 2014 through the merger of Academi, previously known as Blackwater, and Triple Canopy, a rival mercenary contractor. The combined companies and their subsidiaries have reaped billions from contracts for guarding foreign military installations, embassies, and domestic properties, along with work for the Department of Homeland Security and U.S. spy agencies. In 2007, Blackwater mercenaries massacred 14 civilians in Baghdad; several of its contractors serving prison sentences for the killings were pardoned by President Donald Trump in 2020. The government has so far paid Constellis $1.5 million, with the potential for the total to grow to more than $113 million by the contract's end in 2027. Constellis ... secured a $250 million construction contract at the U.S. military base at Guantánamo Bay, Cuba, earlier this year.
Note: Erik Prince's Blackwater got caught systematically defrauding the government. Then Blackwater changed its name to Academi and made over $300 million off the Afghan drug trade. More recently, Prince was recruiting ex spies to infiltrate progressive activist groups. Furthermore, the bounty-based approach mirrors a core tactic of the War on Terror, when US forces offered cash rewards for tips that fueled mass detentions in Afghanistan and beyond. This swept up thousands of people who posed no threat and had no ties to terrorism.
John Seigel-Boettner ... has been coordinating the local chapter of Cycling Without Age (CWA) since 2019. Effortlessly charming and still ferociously fit at 70-years-old, he gives rides at least twice a week. Though the people who ride upfront don't pedal, he doesn't call them "passengers" but "riding partners" to emphasize the program's spirit of companionship. "Cycling Without Age is about connection," Seigel-Boettner says. "It's about the conversations between pilot and partner, and the connection with everyone we meet along the way." While anybody can ride for free, CWA prioritizes riders with limited mobility. Seigel-Boettner's youngest rider was a five-year-old boy on a feeding tube who wanted to ride to school with his friends. "We provided that," he says, "and it made him very happy." Sometimes, his riders have lost their ability to speak at all. When Seigel-Boettner rides with someone experiencing memory loss, the words might fade away, but not the emotional resonance. The vibrations, the breeze, watching the passing world together become their shared language. "They see a flower, or the ocean, or a bird, and suddenly a memory surfaces," Seigel-Boettner says. CWA is much more than a lovely idea. A 2020 study found that participants experienced measurable improvements in mood and well-being after rides. The trishaw excursion is a chance to be seen again, not as a diagnosis but a person, not a burden but a being alive in the world.
Note: Explore more positive stories like this on amazing seniors and inspiring disabled persons.
The police department in Heber City, Utah, was forced to explain why a police report software declared that an officer had somehow shapeshifted into a frog. As Salt Lake City-based Fox 13 reports, the flawed tool seems to have picked up on some unrelated background chatter to devise its fantastical fairy tale ending. "The body cam software and the AI report writing software picked up on the movie that was playing in the background, which happened to be â€The Princess and the Frog,'" police sergeant Rick Keel told the broadcaster, referring to Disney's 2009 musical comedy. "That's when we learned the importance of correcting these AI-generated reports." The department had begun testing an AI-powered software called Draft One to automatically generate police reports from body camera footage. The goal was to reduce the amount of paperwork – but considering that immense mistakes are falling through the cracks, results clearly vary. Draft One was first announced by police tech company Axon – the same firm behind the Taser, a popular electroshock weapon – last year. The software makes use of OpenAI's GPT large language models to generate entire police reports from body camera audio. Experts quickly warned that hallucinations could fall through the cracks in these important documents. Critics also argue that the tool could be used to introduce deniability and make officers less accountable in case mistakes were to fall through the cracks.
Note: For more along these lines, read our concise summaries of news articles on AI and police corruption.
Jeffrey Collins has watched 14 men draw their final breaths. Over 25 years at the Associated Press, the South Carolina-based journalist has repeatedly served as an observer inside the state's execution chamber, watching from feet away as prison officials kill men who were sentenced to capital punishment. South Carolina has recently kept him unusually busy, with seven back-to-back executions in 14 months. The state revived the death penalty last September after a 13-year pause caused by the decision of pharmaceutical makers to stop selling lethal injection drugs to the state. Officials acquired pentobarbital, a sedative, only after legislators passed a law shielding the identities of suppliers. That secrecy surrounding the execution process means the role of observers has never been more vital. Executions aren't filmed, making journalists' accounts the only impartial record of state-sponsored killings, their words often cited by lawyers and courts. "I don't think executions should be publicly broadcast, but I think they need to be videotaped," [said Collins]. "We don't get to see everything. With lethal injections, there could be problems if the needle isn't put in the vein correctly or the drugs are bad, but we don't get any look into either of those things. With firing squads ... the target could get placed poorly. But when the curtain opens, the target has already been placed, so we don't get to witness that either. The secrecy prevents the entire story from being told."
Note: Wrongful convictions and official misconduct have led to at least 93 innocent defendants being sentenced to death. For more along these lines, read our concise summaries of news articles on prison system corruption.
In prisons and jails across the US, people are routinely fed unhealthy, tasteless or inedible meals. Many are left hungry and malnourished, with devastating long-term health consequences. The hidden crisis affecting millions of incarcerated people is the subject of Eating Behind Bars, a new book offering a disturbing account of how correctional institutions punish their residents through the food they provide and withhold. The book by Leslie Soble ... describes roaches and rats in prison kitchens, rotten meat and guard dogs who are fed better meals than incarcerated people. It is a compelling, and at times nauseating, indictment of the criminal justice system. Soble manages the Food in Prison Project at Impact Justice, a national non-profit that advocates for reforms and supports incarcerated people. The prison food crisis [is] a public health crisis, with estimates suggesting each year behind bars reduces life expectancy by two years. It's a labor rights issue, as incarcerated people earn pennies per hour running the kitchens, barely enough to buy canteen snacks to supplement their meager diets. And there are environmental ramifications: US correctional facilities create an estimated 300,000 tons of food waste annually as residents reject unpalatable offerings. A typical prison diet is very high in ultra-processed foods, highly refined carbohydrates, sugar and salt, and very low in fresh fruits and vegetables, quality protein, whole grains.
Note: For more along these lines, read our concise summaries of news articles on prison system corruption.
A French ban on the production and sale of cosmetics and most clothing containing polluting and health-threatening "forever chemicals" goes into force on Thursday. Per- and polyfluoroalkyl substances (PFAS) are human-made chemicals used since the late 1940s to mass produce the non-stick, waterproof and stain-resistant treatments that coat everything from frying pans to umbrellas, carpets and dental floss. Because PFAS take an extremely long time to break down – earning them their "forever" nickname – they have seeped into the soil and groundwater, and from there into the food chain and drinking water. The French law, approved by lawmakers in February, bans the production, import or sale from January 2026 of any product for which an alternative to PFAS already exists. These include cosmetics and ski wax, as well as clothing containing the chemicals, except certain "essential" industrial textiles. It will also make French authorities regularly test drinking water for all kinds of PFAS. A handful of US states, including California, implemented a ban on the intentional use of PFAS in cosmetics beginning in 2025, and several other states are slated to follow in 2026. Denmark has banned the use of PFAS in food packaging since 2020. The European Union has been studying a possible ban on the use of PFAS in consumer products, but has not yet presented or implemented such a regulation.
Note: Explore more positive stories like this on healing our bodies and healing the Earth.
The 2018 legalization of sports betting gave rise to a host of apps making it ever easier to gamble on games. Kalshi and Polymarket offer that service, but also much more. They'll take your bets, for instance, on the presidential and midterm elections, the next Israeli bombing campaign, or whether Jeff Bezos or Mark Zuckerberg will get divorced. Tarek Mansour, the CEO of Kalshi, laid it out simply at a conference held by Citadel Securities in October. "The long-term vision," Mansour said, "is to financialize everything and create a tradable asset out of any difference in opinion." It's as dystopian as it sounds. Betting apps have at times delivered better accuracy than polling results. For example, while pollsters clocked last year's presidential race as deadlocked in the days before the election, Polymarket gave Trump an edge at 58 percent. But whether they are consistently better is a whole other story. Consider the 2022 midterm elections: Up until election night, the major prediction markets "failed spectacularly" and "projected outcomes for key races that turned out to be completely wrong," according to one expert analysis. Prediction markets are also more prone to manipulation than they'd have you believe. And this can give deep-pocketed political actors another vessel for information warfare. Kalshi was even embroiled in a legal battle with federal regulators as recently as this summer for this very reason.
Note: For more along these lines, read our concise summaries of news articles on Big Tech and financial industry corruption.
Today, Vandenberg is best known for the booming SpaceX launches that send satellites into orbit. But once upon a time, it was a hotbed for UFO sightings. This year, those sightings resurfaced. Details of extraterrestrial encounters on the Central Coast were discussed in government hearings and explored in the newly released documentary The Age of Disclosure (2025). The film features government insiders who claim the feds have spent 80 years trying to cover up the existence of non-human life. Based on what they claim to have seen, the former admirals, lieutenants, and colonels were convinced that UAPs are real and they are definitely not human. Witness testimonies recount highly unusual experiences at Vandenberg, such as a gigantic red, glowing square object that allegedly hovered over the base in 2003. In total, five incidents involving UAPs occurred at Vandenberg between 2003 and 2005, according to Jeffrey Nuccetelli, a former military police officer with 16 years of active service under his belt. He relays it all in detail: a red, glowing square the size of a football field, erratic lights dancing over the ocean or blinking in and out of the skyline, a huge sphere of light floating over his own home, and the intimidation of witnesses to keep their mouths shut. Vandenberg – home to the National Missile Defense Project – was "repeatedly visited by UAP," back when personnel were completing "historic launches," Nuccetelli said.
Note: Our 26-minute video UFO Disclosure: Breakthrough Technology and Awakening Human Consciousness features interviews with leading experts along with well-sourced, verifiable information to help you make sense of this fascinating issue and its immense potential to transform our world. For more, explore the comprehensive resources provided in our UFO Information Center.
Every year millions of people cycle through America's prisons and jails. Many of them never make it home. Using information from a federal government database of more than 21,000 deaths, The Marshall Project is now able to show how people are dying in America's prisons and jails. For incarcerated people under the age of 55, just under half of the deaths we could identify were from largely preventable causes – like suicide or drug overdoses. Older incarcerated people tended to die from natural causes. In more than a third of cases, we simply could not determine a cause of death, because there was not enough information. Our analysis is based on data collected by the Justice Department under the Death In Custody Reporting Act, which Congress passed a quarter-century ago with the intention of creating a record of everyone who dies in law enforcement custody. The data contained information like names, dates and brief descriptions of the circumstances surrounding each person who died in prisons, jails and during the course of arrest between Oct. 1, 2019 and Sept. 30, 2023. The government's data is riddled with errors. Not only did we find hundreds of deaths missing from the dataset, but the majority of the descriptions detailing how each person died didn't meet the government's own minimum quality standards. Almost one-in-10 of the deaths in the dataset were suicides – making it the third most common way people of all ages died.
Note: For more along these lines, read our concise summaries of news articles on prison system corruption.
Even as US beef prices have continued to surge, American cattle ranchers have come under increased financial pressure–and a new report from More Perfect Union claims that this is due in part to industry consolidation in the meat-packing industry. Bill Bullard, the CEO of the trade association R-CALF USA, explained to More Perfect Union that cattle ranchers are essentially at the bottom of the pyramid in the beef-producing process, while the top is occupied by "four meat packers controlling 80% of the market." "It's there that the meat packers are able to exert their market power in order to leverage down the price that the cattle feeder receives for the animals," Bullard said. To illustrate the impact this has had on farmers, Bullard pointed out that cattle producers in 1980 received 63 cents for every dollar paid by consumers for beef, whereas four decades later they were receiving just 37 cents for every dollar. "That allocation has flipped on its head because the marketplace is fundamentally broken," Bullard [said]. Angela Huffman, president of Farm Action, recently highlighted the role played by the four big meatpacking companies–Tyson, Cargill, National Beef, and JBS–in hurting US ranchers. Dan Osborn, an independent US Senate candidate running in Nebraska, has made the dangers of corporate consolidation a central theme of his campaign. "If you're a farmer, your inputs, your seed, your chemicals, you have to buy from monopolies," he said.
Note: For more along these lines, read our concise summaries of news articles on food system corruption.
On November 18, Donald Trump suffered a major political defeat when the House of Representatives passed the Epstein Files Transparency Act by a nearly unanimous vote: 427–1. But the final version specified that the Department of Justice must make public "all unclassified" documents on Epstein. The word unclassified potentially gives Trump and the CIA wide latitude to hold back Epstein-related materials that they claim are too sensitive to release. People have linked Epstein to the spy world for years. In 2019, Vicky Ward, writing in The Daily Beast, reported that Trump's then–labor secretary, Alex Acosta–who, as a federal prosecutor, had cut a notorious sweetheart plea deal with Epstein before his trial in 2008–had made some startling comments about Epstein when he was being vetted for his role in the first Trump administration. As Ward noted, Acosta claimed that he had "cut the non-prosecution deal with one of Epstein's attorneys because he had â€been told' to back off, that Epstein was above his pay grade. â€I was told Epstein "belonged to intelligence" and to leave it alone,' he told his interviewers in the Trump transition [team]." Just as much of the policing of the American empire is now done by private military companies (notably Constellis, formerly known as Academi and Blackwater), billionaires like Epstein have their own private foreign policy. Whatever work Epstein did with the CIA or the Mossad would have been as a peer rather than an employee.
Note: Our latest 7-min video with Joe Martino of Collective Evolution explores compelling evidence that Epstein was heavily involved in both CIA and Mossad operations. Even after his conviction as a sex offender, Epstein was meeting with top officials at the CIA and the White House. Read our comprehensive Substack investigation covering the connection between Epstein's child sex trafficking ring and intelligence agency sexual blackmail operations.
By leveraging the dual-use nature of many of their products, where defense technologies can be integrated into the commercial sector and vice versa, Pentagon contractors like Palantir, Skydio, and General Atomics have gained ground at home for surveillance technologies – especially drones – proliferating war-tested military tech within the domestic sphere. Palantir's Gotham platform was initially promoted as intelligence software for defense and counter-terrorism purposes. Now adopted among U.S. law enforcement, hundreds of police departments can use Gotham to analyze data on civilians' whereabouts. Palantir has gone on to sell similar software to other government agencies, obtaining a $30 million ICE contract this spring to help the agency track undocumented immigrants. L3Harris Stingrays, or cell site simulators, are sophisticated phone trackers originally designed for military use. Police departments subsequently adopted these systems to track and collect information on crime suspects. Defense contractors are similarly leveraging their battle-tested drones to capitalize on a booming domestic market. The broader public safety drone market is expected to nearly triple within the next 10 years. The DRONE Act, meanwhile, included in the FY2026 National Defense Authorization Act, would let police purchase and operate the systems with federal grants, thus flooding drone procurement processes with more federal funds.
Note: For more along these lines, read our concise summaries of news articles on Big Tech and police corruption.
On November 26, soldiers of the Presidential Guard took power in yet another West African country. This time, it was Guinea-Bissau – the tiny country on the Atlantic coast better known to the world as the region's first "narco-state." Since its independence in 1974, the former Portuguese colony has endured nine coups, making it one of West Africa's most fragile states. [The country] acts as a key transit point for the cocaine trade between the northern tier of South America and Europe. The latest coup is the second successful military takeover this year in Africa's rapidly expanding coup belt. According to the Geneva-based Global Initiative Against Transnational Organized Crime (GI-TOC), "Politics and cocaine in Guinea-Bissau have gone hand in hand for decades. Upheavals in one cause ripples in the other." The United States established diplomatic relations with Guinea-Bissau in 1975. Guinea-Bissau's importance as the key transshipment point for cocaine between Colombia and the fast-growing market in Europe grew steadily over the years since. In 2013, Gen. Antonio Indjai, Guinea-Bissau's senior military official at the time, was charged for conspiring to traffic drugs and procure military-grade weapons including surface-to-air missiles for Fuerzas Armadas Revolucionarios de Colombia (the "FARC"). In 2019, one of two large cocaine shipments seized in Guinea-Bissau was linked to ... the Al-Mourabitoun terrorist group, which is affiliated with Al-Qaeda.
Note: Many of the recent coups in Africa have been carried out by people affiliated with US intelligence or military interests. Read our Substack investigation into the dark truths behind the US War on Drugs. For more along these lines, read our concise summaries of news articles on the War on Drugs.
To understand how risky drugs could end up in your medicine cabinet, ProPublica spent more than a year and a half investigating the Food and Drug Administration's oversight of the foreign factories that make generic medications and have been cited for violating critical quality standards. It quickly became clear through our reporting that patients and doctors don't reliably have the information they need to make informed decisions about the medicines they take or prescribe. ProPublica has created Rx Inspector, a tool that aims to help. You can look up your generic prescription drugs, and we'll guide you to the specific facility that made them. We were able to link more than 80% of generic prescription drug products in our database to a factory that made them using databases of label information, manufacturing facilities and location data that we sued the FDA for. Additionally, we included the history of FDA actions at those facilities based on a trove of inspection records we assembled. The FDA publishes warning letters that detail "significant violation(s) of federal requirement(s)." We obtained these from the FDA's website going back to 2020. We used the Internet Archive's Wayback Machine to find hundreds of import alert lists published by the FDA over more than 15 years. The lists identified factories banned from shipping drugs to the United States because the FDA found manufacturing violations.
Note: Try this tool for yourself here. For more along these lines, read our concise summaries of news articles on Big Pharma corruption.
Politicians push government IDs. In a TSA announcement, Secretary of Homeland Security Kristi Noem sternly warns, "You will need a REAL ID to travel by air or visit federal buildings." European politicians go much further. They're pushing government-mandated digital IDs that tie your identity to nearly everything you do. The second richest man in the world, Oracle founder Larry Ellison, says, "Citizens will be on their best behavior because we're constantly recording and reporting everything." That's a good thing? "That is a recipe for disaster and totalitarianism," says privacy specialist Naomi Brockwell. "Privacy is not about hiding. It's about an individual's right to decide for themselves who gets access to their data. A digital ID will strip individuals of that choice." "I already have a government-issued ID," says Tokarev. "Why is a digital one worse?" "It connects everything," says Brockwell. "Your financial decisions, social media posts, your likes, things that you're watching, places you're going. You won't be able to voice things anonymously online anymore. Everything you say will be tied back to who you are." Even without a digital ID, Canada froze the bank accounts of truckers who protested COVID-19 vaccine mandates. With a digital ID, politicians could do that much more easily. "It makes you super easy to target," says Brockwell, "easy to silence if suddenly you become 'problematic.' Whoever controls that data has a lot of power. We're simply handing it to them."
Note: For more along these lines, read our concise summaries of news articles on government corruption and the disappearance of privacy.
On November 4, Abigail Spanberger, a CIA case officer in the Middle East from 2006 to 2014, was elected as Virginia's 75th governor. Spanberger's CIA background raises concern that she will appoint people who will advance the CIA's interests and ... enable greater CIA penetration of higher education. The latter is already a big problem, with the CIA planting professors, setting up journals and carrying out recruitment on many campuses, and even running covert operations through them. She also voted for massive military aid appropriations to Ukraine; pushed to have Russia designated as a state sponsor of terrorism; supported the U.S. strikes on Iranian nuclear sites; supported sanctions against Russia, Syria, Venezuela and other countries that took a devastating humanitarian toll; and expressed vocal support for Israel as it was carrying out genocide in Gaza and bombed Syria, Iran and Lebanon. While the CIA may not have directly assisted her campaign, which would be illegal, her election can still be considered a violation of constitutional principles mandating a separation of powers given her presumed loyalty to an Executive Branch agency–the CIA. John Kiriakou, a CIA whistleblower who lives in Virginia, stated that "Spanberger's election as governor of Virginia is a real positive for the CIA, in that the CIA has countless facilities across the state and will be assured of continued cooperation with the Governor's Office. With that said, every Virginia governor, of both parties, has kowtowed to the CIA over the years, so don't expect any changes."
Note: As governor-elect, Spanberger appointed senior transition and security officials drawn from the national security apparatus and major Wall Street investment firms. Read the full article to learn more. Learn more about the dark history of the CIA in our comprehensive Military-Intelligence Corruption Information Center.
An FBI investigation into an alleged terror plot in Southern California bears the familiar hallmarks of the bureau's long-running use of informants and undercover agents to advance plots that might not otherwise have materialized. The limited details available suggest an investigation that leaned heavily on a paid informant and at least one undercover FBI agent [who] were involved in nearly every stage of the case, including discussions of operational security and transporting members of the group to the site in the Mojave Desert where federal agents ultimately made the arrests. It is still unclear how the FBI first identified the group or how long the informant had been embedded before the bomb plot emerged – a period defense attorneys say is central to any serious examination of entrapment, whereby defendants are coerced into crimes they would not otherwise commit, a frequent criticism of stings involving paid informants and undercover agents. Despite comments from Attorney General Pam Bondi, Patel, and others characterizing the Turtle Island Liberation Front as a coherent group ... there's little evidence that any group by that name exists beyond a small digital footprint and a handful of attempts at organizing community events, including a self-defense workshop and a punk rock benefit show. A previous sting operation [involved] the so-called Newburgh Four, in which an aggressive and prolific FBI informant steered four poor Black men into a scheme to bomb synagogues and attack an Air Force base. Years later, a federal judge granted the men compassionate release, describing the case as an "FBI-orchestrated conspiracy."
Note: The FBI has had a notorious history of manufacturing terrorist plots, often targeting vulnerable minors who have significant cognitive and intellectual disabilities yet no history of harming anyone. Read more about terrorism plots hatched by the US government, including cases in which alleged terrorists were acting on behalf of the CIA. This process not only pads arrest and prosecution statistics but also helps justify big budgets by misrepresenting the threat of terrorism.
Physics students learn about the basic stuff of reality–space and time, energy and matter–and are told that all other scientific disciplines must reduce back down to the fundamental particles and laws that physics has generated. This philosophy, called "reductionism," worked pretty well from Newton's laws through much of the 20th century as physicists discovered electrons, quarks, the theory of relativity, and so on. But over the past few decades, progress in the most reductionist branches of physics has slowed. Physicists largely ignored living systems. But today, many of my colleagues ... have come to believe that a mystery is unfolding in every microbe, animal, and human–one that challenges basic assumptions physicists have held for centuries, and could answer essential questions about AI. It may even help redefine the field for the next generation. Beginning in the 1980s, physicists ... began developing new mathematical tools to study what's called "complexity"–systems in which the whole is far more than the sum of its parts. Throughout the current AI boom, researchers and philosophers have debated whether and when large language models might achieve general intelligence or even become conscious. As the 21st century continues to unfold, my fellow physicists will undoubtedly continue to advance the study of black holes, quantum mechanics, and other traditional domains. The study of life, however, will take us to places we've never imagined, opening a path for the future of our field that, for once, unfolds on a level playing field with biologists, ecologists, neuroscientists, and sociologists. At its best, the pursuit of fundamental answers about the nature of living things might lead physicists not only to new scientific marvels, but also to an entirely new way of doing science.
Note: Explore more positive stories like this on the mysterious nature of reality.
"These plants are the winners, the ones that get to pass their genes on [to future generations]," says Lee DeHaan of the Land Institute, an agricultural non-profit based in Salina, Kansas. If DeHaan's breeding programme maintains its current progress, the descendant of these young perennial crop plants could one day usher in a wholesale revolution in agriculture. The plants are intermediate wheatgrass. Since 2010, DeHaan has been transforming this small-seeded, wild species into a high-yielding, domesticated grain crop called Kernza. He believes it will eventually be a viable – and far more sustainable – alternative to annual wheat, the world's most widely grown crop and the source of one in five of all calories consumed by humanity. Remarkably, DeHaan does not paint the current agricultural-industrial complex as the enemy. "Every disruptive technology is always opposed by those being disrupted," he says. "But if the companies [that make up] the current system can adjust to the disruption, they can play in that new world just the same." The Land Institute's strategy is redirection rather than replacement. "Our trajectory is to eventually get the resources that are currently dedicated to annual grain crops directed to developing varieties of perennials," says DeHaan. "That's our [route to] success." There are signs that this is already working, with the food firm General Mills now incorporating Kernza into its breakfast cereals.
Note: Explore more positive stories like this in on healing the Earth and technology for good.
On Thursday, lawmakers in the House approved a "pilot program" in the pending Pentagon budget bill that could eventually open the door to sending billions to big contractors, while providing what critics say would be little benefit to the military. The provision, which appeared in the budget bill after a closed-door session overseen by top lawmakers, would allow contractors to claim reimbursement for the interest they pay on debt they take on to build weapons and other gadgets for the armed services. One big defense contractor alone, Lockheed Martin, reported having more than $17.8 billion in outstanding interest payments last year, said Julia Gledhill, an analyst at the nonprofit Stimson Center. "The fact that we are even exploring this question is a little crazy in terms of financial risk for the government," Gledhill said. Gledhill said even some Capitol Hill staffers were "scandalized" to see the provision in the final bill, which will likely be approved by the Senate. The switch to covering financing costs seems to be in line with a larger push this year to shake up the defense industry. The Pentagon itself was dubious in a 2023 study conducted by the Office of the Under Secretary of Defense for Acquisition and Sustainment. The Pentagon found that policy change might even supercharge the phenomenon of big defense contractors using taxpayer dollars for stock buybacks instead of research and development.
Note: Read our concise summaries of news articles on government corruption.
Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.