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House Armed Services Committee Unveils $600B Defense Spending Bill

PentagonThe Pentagon would receive $521.3 billion in base funding and $79.4 billion for its overseas contingency budget under the House Armed Services Committee’s proposed fiscal year 2015 appropriations bill, Defense News reported Monday.

John Bennett writes the committee also wants to shift billions of dollars from service contracts and museums to the Pentagon’s weapons programs and military readiness accounts under the bill.

The legislation would also authorize several funding transfers, such as $796.2 million to the CVN-76 aircraft carrier refuel program and $348 million to the Israeli Cooperative Missile Defense program, according to the report.

HASC also wants to allocate $82 million for Tomahawk missiles, $80 million for body armor and more than $240 million for combat vehicles, the report says.

Defense News reports the committee will decide on the proposals and several other amendments on Wednesday.

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