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Tag Archives: Budget

FY 2015 Omnibus Bill Sets $1.5B for Boeing-Built Attack Jets

U.S. lawmakers have included language in the $1.1 trillion “omnibus” spending bill that sets aside $1.46 billion to purchase 15 additional Boeing-built electronic attack planes, Reuters reported Tuesday. Andrea Shalal writes the additional funds will extend operations at Boeing’s St. Louis-based production facility for EA-18G Growlers through 2017. The omnibus bill also sets aside $224 million …

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CNN: Ashton Carter the Lead Defense Secretary Candidate

According to a report by CNN, former Deputy Defense Secretary Ashton Carter is the lead candidate to succeed Chuck Hagel as defense secretary and will receive the nod from President Barack Obama “barring any last minute complications.” Jamie Crawford and Barbara Starr report that Carter appears to be open to a return to …

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CBO Issues Policy Recommendations to Lower Federal Deficit

The Congressional Budget Office has suggested 79 measures the U.S. government could implement to manage debt and spending levels over the next decade. CBO on Thursday published its “Options for Reducing the Deficit: 2015 to 2024” report that lists budget policy options for defense, energy, healthcare, tax and social security …

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Michael Donley Asks Congress, DoD to Focus on Budget and Readiness

Michael Donley, a former secretary of the U.S. Air Force, has called on Congress and Defense Department to pay attention to current requirements for readiness, operations and modernization. Donley said in an op-ed for Defense News published Monday the DoD must focus on its priorities and size requirements for the U.S. armed forces. He believes the U.S. needs …

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CBO: Defense Department’s Base Budget Rose 31% from 2000 to 2014

The Defense Department‘s base budget increased to $502 billion in fiscal year 2014 from $384 billion in FY 2000. The Congressional Budget Office said Thursday the inflation-adjusted growth represents a 31 percent increase and a 1.9 percent annual average growth rate. Military personnel costs accounted for 46 percent of the growth rate over the period, those …

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Gen. Ray Odierno to Ask Congress for Budget Relief

Gen. Ray Odierno, U.S. Army chief of staff, plans to discuss current world events with Congress and ask legislators for budget relief as the Army responds to global threats, DoD News reported Thursday. Jim Garamone writes the number of the Army’s active force will shrink to 490,000 in 2015. “When we developed the …

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Gen. Martin Dempsey Makes Case for FY 2016 Defense Funding Boost

Joint Chiefs of Staff Chairman Gen. Martin Dempsey said Wednesday the Defense Department will need a bigger top-line budget next fiscal year to meet emerging requirements, Defense News reported Tuesday. Paul McCleary Dempsey made a case for increasing DoD’s base budget to more than $535 billion in fiscal 2016 during …

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