Tag Archives: Budget

Fiscal Year 2022 President’s Budget to Provide $211.7B for Navy Pursuits

Performance Test

The Department of the Navy would experience a 1.8 percent increase in budget for fiscal year 2022 if the corresponding President’s Budget submission goes according to plan. The Navy Department said Friday that it would use the budget to sustain a fleet of 296 ships within FY22, with a potential increase to $211.7 billion.

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President Biden Eyes $6T Budget Proposal to Bolster U.S. Economy, Livelihood

White House

President Biden plans to present a $6 trillion investment in transportation, infrastructure, education, environmental efforts and other factors relevant to the U.S. economy. The investment would also include boosted spending in the areas of social welfare and national security. New York Times reported Biden's plan might require borrowed funds in addition to boosted tax revenue.

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Trade Groups Urge Congress to Increase Fiscal 2022 CISA Budget by $750M

Cybersecurity Competition

With the rising cyber threats to both the public and private sectors, five industry associations are pushing the House and Senate Appropriations committees to authorize a $705 million increase in the Cybersecurity and Infrastructure Security Agency (CISA) budget for the fiscal year 2022. The $1.9 trillion American Rescue Plan Act approved by Congress in March includes $650 million for cyber risk mitigation initiatives at CISA.

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Kathleen Hicks: DOD 2022 Budget Request to Focus on Software, Munitions

Kathleen Hicks

Kathleen Hicks, the deputy secretary of defense and 2021 Wash100 Award recipient said the Pentagon's 2022 budget request will put more emphasis on munitions and software than large weapon systems. She said at the Aspen Security Forum that software and munitions create a critical difference in the military's capabilities. The budget submission is expected later this month.

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Rep. Adam Smith: Incoming Admin Should Develop New National Defense Strategy

Rep. Adam Smith

Rep. Adam Smith, D-Wash., chairman of the House Armed Services Committee (HASC), said he believes the incoming Biden administration should come up with a new National Defense Strategy to offer direction for further assessment of nuclear policy and budget-related issues. He noted there are the three questions that should be asked when establishing a robust and cost effective defense. 

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Gen. Mark Milley: DoD Must Prioritize Economic Recovery From Pandemic

Gen. Mark Milley

Gen. Mark Milley, chairman of the Joint Chiefs of Staff, said the U.S. must address and recover from the COVID-19 pandemic's economic effects before focusing on military power competition. Milley, a four-time Wash100 Award winner, said the country needs to have a strong economy, infrastructure and education that complement the military to build a powerful nation.

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Chuck Rettig: IRS Speeds Up Programming, ‘Health Testing’ for IT Systems Amid Budget Uncertainty

Charles Rettig

Chuck Rettig, commissioner of the Internal Revenue Service (IRS), said the IRS has expedited “health testing” and programming work on information technology systems partly due to uncertainty over the passage of a comprehensive budget for fiscal year 2021 in Congress before a stopgap measure ends on Dec. 11th. The IRS introduced a six-year IT modernization initiative in April 2020. 

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Army to Continue Modernization Efforts Despite Topline Reductions; Lt. Gen. James Pasquarette Quoted

Lt. Gen. James

The U.S. Army plans to continue fully resourcing selected modernization programs under its cross-functional teams despite potential reductions to its topline budget, Defense News reported Thursday. Lt. Gen. James Pasquarette said that leadership changes in the White House will not affect the service branch's efforts to prepare for potential topline reductions.

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Ryan McCarthy: Army Seeks to Free Up $10B More Through ‘Night Court’ in 2022

Ryan McCarthy

Ryan McCarthy, secretary of the U.S. Army and a 2020 Wash100 Award winner, said the service intends to find $10 billion more in savings in 2022 through a “night court” process as it seeks to free up funds for modernization priorities and expects to make harder decisions in 2023.

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Jim Bridenstine Urges Senate Panel to Approve $3.2B NASA Funding for Artemis Effort

Jim Bridenstine

NASA Administrator Jim Bridenstine and 2019 Wash100 Award recipient, testified before a Senate panel to voice the agency’s intent to secure $3.2 billion in funding for the Artemis deep-space exploration program. The hearing comes shortly after the House voted to pass a stopgap bill to extend funding for federal agencies through December to prevent a government shutdown in October.

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