Supercommittee May Pit Clients Against Each Other

Supercommittee May Pit Clients Against Each Other Play

Sept. 7 (Bloomberg) -- The bipartisan congressional supercommittee charged with finding $1.5 trillion in budget savings is leaving Washington lobbying firms in a quandary, seeing their clients pitted against one another in a competition for government cash. Major defense contractors like Boeing Co. and Lockheed Martin Corp. have a dozen or more lobbying firms working for them, many of whom also represent the health-care industry, another likely target of budget cuts. Bloomberg's Megan Hughes reports on "InBusiness with Margaret Brennan." (Source: Bloomberg)

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