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Tag Archives: budget plan

Frank Kendall: Pentagon Eyes Tech Modernization Cuts for Fiscal 2017

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 …

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Obama Signs 2-Year Debt Limit Suspension Bill

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 …

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2-Year Budget Plan Heads to Obama’s Desk After Senate Approval

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 …

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Duke Richardson: Stopgap Bill Could End Air Force’s KC-46 Contract

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 …

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