Home / Latest News / Keith Hall: HASC’s Defense Bill Would Affect Net Direct Spending Over 10 Years

Keith Hall: HASC’s Defense Bill Would Affect Net Direct Spending Over 10 Years

Keith Hall

The Congressional Budget Office‘s preliminary estimates suggest that the implementation of the House Armed Services Committee’s proposed defense spending bill for fiscal 2018 would decrease or raise net direct spending by $500,000 from fiscal 2018 through fiscal 2020.

CBO Director Keith Hall told Rep. Mac Thornberry (R-Texas), HASC chairman, in a letter published Wednesday that fiscal 2018 National Defense Authorization Act would result in an increase in pay forfeitures and fines due to the addition of “a specified offense under the military justice system” in the bill.

Hall noted that such increases are categorized as revenues and would amount to less than $500,000 over the next decade.

CBO also predicts the fiscal 2018 NDAA would result in the application of pay-as-you-go procedures since its passage would increase revenues and direct spending, Hall added.

Check Also

USAF Gets Professional Help to Support $2B Savings Goal for 2021

The Air Force Installation Contracting Agency hosted a sourcing summit to gain professional insight in …

Leave a Reply

Your email address will not be published. Required fields are marked *