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Trump threatens defense contractors with restrictions while promising sharp increase in spending

News Archived January 7, 2026
By Haley Britzky, CNN (CNN) — President Donald Trump issued a stark threat to defense contracting companies Wednesday, saying he would seek to limit stock buybacks and executive salaries unless they improve their delivery of weapons systems to the US military, hours before saying he’s decided to substantially increase the defense budget. The pair of
Source: https://localnews8.com/feed/ - Read Original
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