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May 17, 2009:
House Approves Defense Procurement Reform Bill
In 1940, as World War II tightened its grip in Europe, Congress prepared for eventual U.S. involvement by issuing billions of dollars in defense contracts. But, in early 1941, then Senator Harry S. Truman began hearing reports of widespread contract mismanagement and wasteful military spending. Convinced that this corruption would strangle the nation’s efforts to mobilize itself if left unchecked, Truman proposed a new committee, the Senate Committee to Investigate the National Defense Program. The Committee, which came to ...Read more
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