The Government Accountability Office has said the Department of Veteran Affairs launched efforts to manage estimated costs and obligations to prevent future funding gaps following VA’s projected $2.75 billion budget shortfall in fiscal year 2015. GAO said Friday obligations for hepatitis C drugs and VA’s care in the community programs accounted for $408 million and $2.34 billion of the funding gap, …
Read More »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 …
Read More »Robert Work: Pentagon Could Face $14B Funding Gap Under Budget Deal
Deputy Defense Secretary Robert Work estimates that a two-year budget agreement forged between the White House and Congress will create a $14 billion Defense Department spending gap in fiscal 2017, Defense News reported Monday. Work does not expect the budget deal to cause a major disruption to DoD operations in …
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