Budget

OMB: Fiscal 2015 Budget Safe from Cuts

The Office of Management and Budget has announced that defense and nondefense appropriations for fiscal year 2015 are safe from sequestration cuts, Federal News Radio reported Friday. Jason ...
Gen. Ray Odierno

Ray Odierno: US Army Readiness, Training in Danger if Sequestration Returns in 2016

Ray Odierno Army Chief of Staff Gen. Ray Odierno has expressed concern over the future of the service’s readiness and capabilities if sequestration returns in 2016, the Army Times ...
Chuck Hagel

Chuck Hagel: Pentagon Needs Predictable Funding to Meet Operational Goals

Chuck Hagel Defense Secretary Chuck Hagel has said the Pentagon’s budget is an important tool for the department to deploy mission-ready forces and conduct operations globally, ...
money-graph

CBO: Spending Estimates Indicate Sequestration Not Required in FY 2015

A new report by the Congressional Budget Office says that sequestration is not required for fiscal year 2015 as budget appropriations for defense and nondefense programs do not ...
Sen. John McCain

John McCain: Cyber, Cost-Plus Contracts, Sequestration on Agenda for SASC Chairmanship

Sen. John McCain Sen. John McCain (R-Ariz.) has highlighted cybersecurity, cost-plus contracts and the sequestration as top focus areas as he prepares to take the chairmanship of ...
army stock photo

DoD, Council of Governors Discuss Sequestration, Fiscal Initiatives, Apache Plans

The Defense Department and the Council of Governors discussed sequestration, fiscal initiatives and military consolidation plans at a conference call of representatives this week. Pentagon ...
Mike Petters

Mike Petters: Gov’t Should Give Industry ‘Clear Signals’ on Future Budget Plans

Mike Petters Huntington Ingalls Industries CEO Mike Petters said that industry needs “clear signals” from the government to determine the focus of new investments as contractors ...
Gen. Ray Odierno

Gen. Ray Odierno to Ask Congress for Budget Relief

Gen. Ray Odierno Gen. Ray Odierno, U.S. Army chief of staff, plans to discuss current world events with Congress and ask legislators for budget relief as the Army responds to global ...
Budget

Report: Joint Chiefs of Staff Seek $60B Increase for FY 2016 Defense Budget

Leaders of U.S. military branches are pushing for a fiscal 2016 Pentagon base budget that is $60 billion higher than the projected $535 billion defense spending cap in 2016, Defense ...
James-Winnefeld-Jr.

Adm. James Winnefeld: Defense Budget Challenges Upend US’ National Security Strategy

Navy Adm. James Winnefeld Jr., vice chairman of the Joint Chiefs of Staff, said Saturday the uncertainty caused by sequestration has put national security out of balance, the Army News ...