Fortune 100 companies received $399 billion in federal funding over 4 years

United States News News

Fortune 100 companies received $399 billion in federal funding over 4 years
United States Latest News,United States Headlines
  • 📰 Newsweek
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 52%

The top 10 companies on the Fortune 100 list received $338 billion from the federal government.

Fortune 100 companies received $399 billion in federal funding between the 2014 and 2017 fiscal years, according to a report from transparency organization OpenTheBooks.

More than showing public waste, the study showed the vast amounts sums involved in military spending, Robert Weissman, the president of consumer rights advocacy group Public Citizen, told Newsweek. Weissman said the study seemed to point at"the claim there’s a gigantic military budget, and a huge percent of it goes to contractors. Implicit is the criticism, I think, which we would certainly share, that the military budget should be much smaller than it is.

Fortune 100 companies received $399 billion in federal funding between the 2014 and 2017 fiscal years, according to a recent report. Win McNamee/Getty Image

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Newsweek /  🏆 468. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Over 100 arrested in massive drug bust after months-long investigationOver 100 arrested in massive drug bust after months-long investigationPolice in Florida arrested 100 members of a suspected drug gang on Wednesday and seized enough fentanyl to wipe out a large county.
Read more »

Over 100 arrested in massive Florida drug bust after months-long investigationOver 100 arrested in massive Florida drug bust after months-long investigationPolice in Florida issued arrest warrants for over 100 members of a suspected drug gang on Wednesday and seized enough fentanyl to wipe out a large county. The 104 arrest warrants concluded a months-long investigation by the Brevard County Sheriff's Office into an organization suspected of '
Read more »

100 Best Brunch Restaurants in America: OpenTable Releases Its 2019 List100 Best Brunch Restaurants in America: OpenTable Releases Its 2019 ListBehold: the hundred most popular places to brunch in America—from the finest contemporary classics (such as the Balthazar in New York City and The Ivy in West Hollywood) to some quality old-school gems (such as Willa Jean and Atchafalaya, both in New Orleans).
Read more »

100 million people in path of India's worst cyclone in years100 million people in path of India's worst cyclone in yearsIndia is preparing for the strongest tropical cyclone to make landfall in nearly five years. Track Tropical Cyclone Fani as it moves up the east coast of the subcontinent.
Read more »

Russian police detain over 100 people at May Day protests: rights monitorRussian police detain over 100 people at May Day protests: rights monitorRussian riot police and national guardsmen detained more than 100 people during ...
Read more »

Cruise ship under measles quarantine in St. Lucia asking for 100 vaccine dosesCruise ship under measles quarantine in St. Lucia asking for 100 vaccine dosesA cruise ship under measles quarantine in St. Lucia is requesting 100 doses of the vaccine, an island official says.
Read more »

100 Best Brunch Restaurants in America: OpenTable Releases Its 2019 List100 Best Brunch Restaurants in America: OpenTable Releases Its 2019 ListBehold: the hundred most popular places to brunch in America—from the finest contemporary classics (such as the Balthazar in New York City and The Ivy in West Hollywood) to some quality old-school gems (such as Willa Jean and Atchafalaya, both in New Orleans).
Read more »

Student accepted to over 100 colleges, offered nearly $4M in scholarshipsStudent accepted to over 100 colleges, offered nearly $4M in scholarshipsNew Orleans high school senior Antoinette Love has been accepted to not one, not two--but 116 colleges and counting! And if that wasn’t impressive enough, she’s also got scholarship offers totalling a whopping $3.7 million.
Read more »

Texas teen runs 100 meters in 9.98 seconds, beating fastest high school time in historyTexas teen runs 100 meters in 9.98 seconds, beating fastest high school time in historyHouston Strake Jesuit senior Matthew Boling, whose time isn't an official record because it was wind-aided, was the first American high schooler to break 10 seconds in six years.
Read more »



Render Time: 2025-02-25 00:22:28