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Lobbyists Lose Ground Over Renegotiation Board Clash
Congress faces a setback for defense industry lobbyists as the Renegotiation Board gains a three year extension. House action strengthens coverage and tightens exemptions despite strong industry opposition and limited Senate reversal chances. Grassroots pressure grows after Rep. Gonzalez speeches and a Cleveland Plain Dealer campaign, with the board now delivering about 2 billion in excess profits recaptured on defense and related contracts.
MENTIONED IN THIS ARTICLE
Senate
Herman E
Senate Finance
Congressional Quarterly
Washington
Congress
House
Ways and Means Committee
Johnson
The
National Assn. of Manufacturers
Chamber of Commerce of the
United States
Aerospace Industries Assn
Shipbuilders Council of America
National Canners Assn
Financial Executives Institute
American Textile Manufacturers Institute
National Security Industrial Assn
American Institute of Certified
Cleveland Plain Dealer
Ohio
Jackson B. Betts
Michael A. Feighan
William F. Minshall
Charles A. Vanik
Gchio
Betts
Vanik
Charles 8. Gubser
Call
Gubser
Pentagon
Gonzalez
Vietnam
Korea