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It's Your Money (Pentagon Warranties) #168840

ABC Evening News for Monday, Sep 23, 1996
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(Studio: Peter Jennings) The weekly look at how the government spends taxpayers' money introduced.

(Washington: John Martin) The multi-million dollar cost to the Pentagon of mandatory warranties for its weapons examined; examples cited of warranties compared to what is gotten back. [Virginia Polytechnic Institution professor Virginia LUTZ - explains why warranties are a waste of money.] [Defense Department procurement director Eleanor SPECTOR - wonders if a mandatory warranty is a good idea.] [Former United States Senator Mark ANDREWS - comments.] The House National Security and Senate Armed Services committees said in no hurry to amend the law.

Reporter(s):
Jennings, Peter;
Martin, John
Duration:
00:02:50

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