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Tag Archives: OCO

CBO: No Sequestration Required for Fiscal 2017

The Congressional Budget Office has said sequestration is not necessary for fiscal year 2017 because appropriations for defense and nondefense initiatives are respectively equivalent to the $634 billion and $553.6 billion adjusted caps on discretionary budget authority for the year. CBO said in the May 2017 report adjustments to discretionary budget limits for 2017 …

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House OKs $578B Defense Spending Bill for Fiscal 2017

The House voted 371-48 Wednesday to pass an appropriations bill that would provide the Defense Department with $577.9 billion in fiscal 2017 funds. The FY 2017 Defense Appropriations bill includes a $516.1 billion base budget and another $61.8 billion in overseas contingency operations funds, the House Appropriations Committee said in a news …

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