Tag Archives: budget plan

Mick Mulvaney, director of the Office of Management and Budget, has said President Donald Trump plans to release a detailed version of his budget plan in May that will include a strategy to address U.S. deficits, Reuters reported Sunday. Valerie Volcovici writes Mulvaney told NBC’s “Meet the Press” in an interview the White House does not expect the …

The U.S. Navy has declined to submit a fiscal year 2018 budget plan to the Defense Department that includes $17 billion in budget cuts to shipbuilding programs in the next five years, the Navy Times reported Wednesday. David B. Larter writes Defense Secretary Ashton Carter asked the service branch to advance …

The U.S. Navy wants to retire as many as 28 battle force ships between fiscal year 2017 and fiscal 2021 as part of a new shipbuilding plan the military branch submitted to Congress earlier this month, Defense News reported Saturday. Christopher Cavas writes the Navy still aims to have a 308-ship fleet for combat …

Norbert Vint, acting Office of Personnel Management inspector general, has issued a report that says OPM has not followed “proper” capital planning procedures for a project to modernize the agency’s information technology systems. Vint informed acting OPM Director Beth Cobert in a memo dated May 18 that his office also found the agency …

An omnibus bill that would authorize $1.15 trillion in government funds for fiscal year 2016 is now headed to the White House for President Barack Obama’s signature after the Senate passed the budget plan Friday with a 65-33 vote, C4ISR & Networks reported. Carten Cordell writes the Senate’s decision comes …

The Defense Department looks to trim military equipment production, research and development programs during fiscal 2017 in a bid to maintain readiness levels and end strength, Defense News reported Sunday. Aaron Mehta writes DoD officials have indicated they will make program cuts to manage a $15 billion gap between the funding level that the …

President Barack Obama signed a bipartisan budget deal Monday that suspends the debt limit through March 2017 and increases spending levels by $80 billion until September 2017, The Hill reported Monday. Jordan Fabian writes the signed budget plan comes a day before the Tuesday deadline to avoid a federal default …

The Senate voted 64-35 early Friday to pass a bipartisan budget deal that sets two-year government spending priorities and averts a possible federal default next week, Bloomberg reported Friday. Terrence Dopp and Kathleen Miller write the budget plan, which is headed for President Barack Obama’s signature, would keep the government afloat …

A U.S. Air Force official has warned that a continuing resolution could force the service branch to end its current contract with Boeing over the KC-46 tanker aircraft, Defense News reported Tuesday. Brig. Gen. Duke Richardson, program executive on the Air Force’s KC-46 tanker program, said Boeing’s financial liability on the …

The Japanese defense ministry requested a $42.38 billion budget for its next fiscal year that will start in April, a 2.2 percent increase from the agency’s current funding levels, Reuters reported Monday. Tim Kelly writes the proposed budget would fund an expansion of Japan’s military bases close to waters disputed …