The House Armed Services Committee has approved a bill allocating a $552.1 billion budget for Defense Department to spend in fiscal year 2014, the Defense News reported Wednesday.
John Bennett writes the budget is larger than the Obama administration’s $526.6 billion defense spending plan as the committee approved a missile defense site on the East Coast and limited spending on other large programs.
Defense News reports the bill disregards the second year of sequestration, which imposes a $50 billion across-the-board cut to the defense budget.
Rep. Adam Smith (D-Wash.), the committee’s ranking member, said in a statement that the bill points out why the sequester should be removed, according to Bennett’s report.
