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Budget

Senate Appropriators Decide on $575 Billion Defense Spending Level In FY ’17

Valerie Insinna

Thursday, April 14th, 2016

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Senate Appropriators Decide on $575 Billion Defense Spending Level In FY ’17

The Senate Appropriations Committee on Thursday set an overall defense funding level for fiscal year 2017 that provides a small increase over the levels set by last year’s budget agreement.The 302(b) allocations put forward by the committee specify a $516 billion base defense budget and $59 billion for the wartime spending account, also known as Overseas Contingency Operations (OCO). The approval of the allocation allows the subcommittees to begin marking up the fiscal ’17 budget to that spending level.While OCO…

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]