Tag Archives: defense spending

The Professional Services Council has commended the House and Senate Armed Services Committees for finalizing and passing the fiscal 2019 defense spending bill that contains provisions that could have an impact on government contractors.

NATO will move to create two joint force commands after defense ministers from the international alliance’s member states gave their approval, DoD News reported Thursday. The alliance intends to establish a new command in Norfolk, Va., to support maritime security efforts in the Atlantic region and form another command in Ulm, Germany. “These …

The Senate on Wednesday reached a bipartisan agreement that would allocate a defense budget of $700 billion in fiscal year 2018 and $716 billion for FY 2019, Defense News reported Wednesday. The proposed top-lines for the defense budget adhere to the FY 2018 National Defense Authorization Act and the deal …

President Donald Trump will propose $716 billion in Defense Department funds in his fiscal year 2019 budget request, The Washington Post reported Friday. The request is scheduled for release in February and would reflect a more than 7 percent increase in defense spending over the fiscal 2018 budget proposal that has not …

Senate lawmakers on Thursday discussed military spending matters as they work to strike a budget deal for fiscal 2018 before the current continuing resolution expires on Jan. 19, Defense News reported Thursday. Senate Majority Leader Mitch McConnell (R-Kentucky) said Thursday in a floor speech that reductions to discretionary defense spending …

President Donald Trump’s administration and lawmakers are scheduled to return to Washington this week to address a series of issues that Congress kicked into 2018 in order to pass a tax reform measure in 2017, Bloomberg reported Tuesday. Hogan Gidley, a spokesman for the White House, said Mick Mulvaney, director …

Rep. Adam Smith (D-Washing), ranking member of the House Armed Services Committee, has said he believes the passage of a tax reform bill does not bode well for future efforts to advance a military buildup and increase defense spending, SpaceNews reported Wednesday. “I think this tax cut passed today means …

President Donald Trump on Friday signed another continuing resolution that would fund the federal government at current spending levels through Dec. 22, Bloomberg reported Friday. Trump signed the CR a day after Congress passed the stopgap funding measure to avoid a government shutdown and after the president reached a “tentative …

Congressional leaders and President Donald Trump on Thursday came to a “tentative agreement” to increase defense spending as part of a budget package, The Hill reported Thursday. A White House official said Trump and congressional leaders were also in talks to reach an agreement on nondefense spending. A source familiar …

Senate Minority Leader Chuck Schumer (D-New York) and House Minority Leader Nancy Pelosi (D-California) will meet with President Donald Trump and Republican leaders on Thursday to reach a budget deal for fiscal 2018 in order to avoid a government shutdown at the end of this week, Reuters reported Monday. The scheduled …