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Monday, February 27, 2017

Senate Salvages Shipbuilding Cash

May 3, 2006

The Hilll is reporting that the Senate narrowly defeated an effort to strike $500 million in hurricane-recovery funding for defense giant Northrop Grumman (NOC) from a $106.5 billion emergency supplemental spending bill, voting 47-52 to reject an amendment by Sen. Tom Coburn (R-Okla.). The provision is said to promise a point of contention in a House-Senate conference because the House-passed version would make $250 million available to Navy shipbuilders on the Gulf Coast, including Northrop Grumman. Source: The Hill
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