Reconciliation ‘floodgates’ about to open after slow start for contracts, Hegseth says

WASHINGTON — Ten months after Congress passed its reconciliation effort, only $26 billion of the roughly $152 billion earmarked for defense has been placed on contract, Defense Secretary Pete Hegseth said today. However, Hegseth told members of the Senate Armed Services Committee that the money is set to start flowing soon, saying, “we’ve got the…

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