NBC Evening News for Tuesday, May 27, 1969
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(Studio) Congress sub-committee studies military spending and concludes Pentagon wastes billions on weapons they don't need or don't work. Defense contractors get money.
REPORTER: David Brinkley
(DC) Senator William Proxmire says $80 billion defense budget could be cut $10 billion without harm. Admiral Hyman G. Rickover says uniform accounting practices could save $2 billion year Representative William Moorhead wants Air Force to suspend order for 57 C-5-A transport planes. [MOORHEAD - believes no more C-5-As should be ordered until plan studied.] [Assistant Defense Secretary Barry SHILLITO - says new program to keep Congress and others current on programs status.] Proxmire wants General Accounting Office to oversee defense spending.
REPORTER: John Chancellor
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