Tag Archives: budget control act

CBO: Navy Could Spend $552B to Build Ships Over Next 3 Decades

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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 …

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RSC’s Bill Flores Outlines Provisions on Omnibus Appropriations Bill

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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 …

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Mac Thornberry: FY 2016 Defense Authorization Bill Deal Close

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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 …

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Mackenzie Eaglen: FY 2016 Spending Bill to Take Shape After CR

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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 …

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CBO: House Committee’s 2016 NDAA Would Affect Revenue, Direct Spending

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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 …

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Rep. Mac Thornberry Wants Restoration of Pre-Sequestration Budget Caps

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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 …

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OMB: Fiscal 2015 Budget Safe from Cuts

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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 …

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Ray Odierno Wants Army to Invest More In ICT, Fleet Upgrades

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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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