The Congressional Budget Office estimates that spending for new vessels specified in the U.S. Navy‘s latest shipbuilding plan would average 18.4 billion in 2015 dollars a year, or about $552 billion over the next 30 fiscal years. CBO said Thursday its projection of the 30-year cost of the Navy’s planned …
Read More »RSC’s Bill Flores Outlines Provisions on Omnibus Appropriations Bill
Rep. Bill Flores (R-Texas), chairman of the Republican Study Committee, has outlined the provisions in a new omnibus appropriations bill that he said will fully fund national security efforts in fiscal year 2016. According to an RSC document released Tuesday, the proposed Responsible Spending and Accountability Act combines the House’s six approved …
Read More »Mac Thornberry: FY 2016 Defense Authorization Bill Deal Close
Rep. Mac Thornberry (R-Texas), chairman of the House Armed Services Committee, said Congress is close to a deal on provisions in the fiscal year 2016 defense authorization bill in an interview with the Washington Free Beacon reported Thursday. Bill Gertz writes that the lawmaker told the publication House and Senate negotiators are near an …
Read More »Mackenzie Eaglen: FY 2016 Spending Bill to Take Shape After CR
Mackenzie Eaglen, a defense analyst at the American Enterprise Institute, believes Congress will likely execute a short-term continuing resolution to fund the government through Oct. 1 as lawmakers continue negotiations on the fiscal year 2016 budget. Eaglen wrote in a guest piece published Tuesday on Breaking Defense the spending bill is among other …
Read More »CBO: House Committee’s 2016 NDAA Would Affect Revenue, Direct Spending
A Congressional Budget Office report estimates that passage of the House Armed Services Committee’s 2016 National Defense Authorization Act would lower revenues by $1.3 billion over the next decade. CBO said Monday the legislation provides $605.3 billion in total funds for Defense Department operations and certain Energy Department programs. About $515.6 …
Read More »Rep. Mac Thornberry Wants Restoration of Pre-Sequestration Budget Caps
Mac Thornberry (R-Texas) has proposed to revive pre-sequestration budget caps of $566 billion for national defense and $50.9 billion for overseas operations in a move to address global threats, Defense News reported Friday. John Bennett writes Thornberry, chairman of the House Armed Services Committee, floated the recommendation to raise spending …
Read More »OMB’s Shaun Donovan: Sequester Would Cut $90B From FY 2016 Discretionary Spending
The Office of Management and Budget has submitted a report to Congress that says up to $90.4 billion in agencies’ discretionary spending for fiscal year 2016 could be cut if sequestration returns, Federal News Radio reported Tuesday. Jason Miller writes that OMB Director Shaun Donovan said in the report lawmakers will have to act to cancel the possible …
Read More »Martin Dempsey: Global Security Environment ‘More Dangerous’ as Sequester Looms
Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, believes that sequestration will adversely affect U.S. national security efforts and its readiness to address international responsibilities as threats continue to emerge around the world. Lisa Ferdinando writes Monday for DoD News that Dempsey has noted some global incidents that have made the threat …
Read More »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 Miller writes an OMB letter addressed to Congress highlights why cuts mandated under the Budget Control Act will spare the discretionary budget …
Read More »Ray Odierno Wants Army to Invest More In ICT, Fleet Upgrades
Gen. Ray Odierno has said the Army will continue efforts to modernize its existing fleet and invest in new equipment it deems necessary for conducting missions, Federal News Radio reported Monday. Jared Serbu writes the branch’s chief of staff described how the service is managing spending cuts set forth by …
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