Budget

OMB: House Appropriations Bills Would Trigger $2B in Non-Defense Spending Reductions

The Office of Management and Budget has detailed potential budget cuts to defense and non-defense discretionary programs for fiscal 2016 in a sequestration update report the agency ...
Ben Bernanke

Ben Bernanke: Short-Term Budget Cuts a ‘Mismatch’ to Long-Term Debt, Deficit

Ben Bernanke Ben Bernanke, former Federal Reserve board chairman and a current fellow at the Brookings Institution, believes that sequester-level cuts in the defense budget are indicative ...
Budget

CBO: FY 2015 Defense, Nondefense Appropriations Below Sequestration Caps

The Congressional Budget Office has said further sequestration may not be required since appropriations for defense and nondefense initiatives for fiscal year 2015 do not go beyond ...
reservists marching

Lt. Gen. Jeffrey Talley: Army Reserve Seeks More Funding Flexibility From Congress

Lt. Gen. Jeffrey Talley, chief of the U.S. Army Reserve, said Thursday that his organization’s readiness programs have been jeopardized by a lack of a flexible budget structure, ...
Deltek

Deltek Study: Federal Spending on IT Programs to Decline Through 2020

A Deltek report projects that federal information technology expenditures will drop from $97.7 billion in fiscal 2015 to $94.4 billion in fiscal 2020 as agencies continue to face budget ...
Sen. John McCain

John McCain: Lawmakers Work to Reconcile House, Senate Defense Spending Plans

Sen. John McCain Sen. John McCain (R-Ariz.) has said the House and Senate Armed Services committees could finish reconciling differences in their versions of the 2016 National Defense ...
army stock photo

Anthony Ierardi: Sequestration Could Bring Army Total Force Size Down to 920K

Lt. Gen. Anthony Ierardi, deputy chief of staff of the Army G-8, told Defense News in an interview published Monday that the military service will have to use natural attrition and ...
Robert Work

Robert Work: WH Veto Threat for 2016 Defense Bill Could Prompt Sequester Rollback

Robert Work Deputy Defense Secretary Robert Work has said he is “pretty certain” that Congress will consider a compromise on defense budget to lift the threat of fiscal ...
Michele Flournoy

Michele Flournoy: Immediate Deal to Undo Defense Budget Caps Unlikely

Michele Flournoy Michele Flournoy, a former undersecretary of defense for policy and one-time candidate for the Pentagon’s top post, believes a congressional deal to remove defense ...
CapitolDome

House Approves 2016 Defense Spending Legislation, Senate Panel OKs Companion Bill

The House voted 278-149 Thursday to approve a $579 billion annual spending plan for the Defense Department, The Hill newspaper reported Thursday. Cristina Marcos and Rebecca Shabad ...