First-term House lawmakers in the upcoming 119th Congress will represent districts that together were the destination for nearly one of every five federal contract dollars in fiscal 2023, an exclusive Bloomberg Government analysis found.
Federal agencies spent nearly $777 billion on unclassified procurement in fiscal 2023, and $714 billion of that was on contracts performed in the U.S. Fiscal 2023 was the most recent year data was available for full federal procurement.
The loss of seniority on key committees combined with inexperience on budget and policy issues could affect the flow of $136 billion in annual contract spending to these ...