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Tag Archives: OCO

House OKs $696B Defense Policy Bill for Fiscal 2018

The House voted 344-81 Friday to pass a defense spending bill that would allocate $621.5 billion in defense base budget and $75 billion in overseas contingency operations funds for fiscal year 2018, Defense News reported Friday. The House’s 2018 National Defense Authorization Act would set up a space-focused military branch and …

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House Panel Seeks $28.6B Natl Defense Restoration Fund

The House Appropriations Committee has passed a defense policy bill that would allocate $28.6 billion for the National Defense Restoration Fund for fiscal 2018, Breaking Defense reported Friday. The proposed fund comprises 4.3 percent of the measure’s $658.1 billion defense budget and would be managed by the Defense Department secretary. …

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James Mattis: Congress Should Eliminate Sequestration, Approve FY 2018 Defense Budget to Avoid CR

Defense Secretary James Mattis has asked Congress to put an end to sequestration and pass the proposed defense budget for fiscal year 2018 to prevent another continuing resolution that he said hampers military readiness, modernization and innovation, DoD News reported Monday. The Trump administration proposed to allocate a topline defense budget …

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House Appropriations Panel Proposes $89B FY 2018 Discretionary Budget for VA, Military Construction

The House Appropriations Committee has introduced a bill that would authorize $88.8 billion in discretionary spending for the Department of Veterans Affairs and military construction projects and $638 million in overseas contingency operations funds for fiscal year 2018. The committee said Sunday the FY 2018 appropriations bill reflects a $6 billion …

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CBO: No Sequestration Required for Fiscal 2017

The Congressional Budget Office has said sequestration is not necessary for fiscal year 2017 because appropriations for defense and nondefense initiatives are respectively equivalent to the $634 billion and $553.6 billion adjusted caps on discretionary budget authority for the year. CBO said in the May 2017 report adjustments to discretionary budget limits for 2017 …

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