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Tag Archives: OCO

Obama Clears $619B Defense Spending Legislation for Fiscal 2017

President Barack Obama has signed the 2017 defense policy bill that authorizes $618.7 billion in funds and includes $67 billion for overseas contingency operations, The Hill reported Friday. Rebecca Kheel writes the 2017 National Defense Authorization Act provides for $3.2 billion more OCO funds than Obama’s request that will cover a 2.1-percent military pay raise and additional …

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Sen. John McCain: House, Senate Could Soon Finalize 2017 NDAA

Senate Armed Services Committee Chairman John McCain (R-Arizona) has said lawmakers in both chambers of Congress could wrap up the 2017 National Defense Authorization Act “very soon,” Defense News reported Wednesday. Joe Gould writes McCain met with committee ranking member Jack Reed (D-Rhode Island) and stated that policy provisions and defense funding …

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White House Seeks $11.6B in Additional Overseas War Funds

The White House has requested $11.6 billion in additional funds for overseas contingency operations, Defense News reported Thursday. Aaron Mehta writes the supplemental request brings the total of the OCO budget proposal for fiscal year 2017 to $85.3 billion and comes in two budget amendment requests worth $5.8 billion each. …

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CBO: No Sequestration Required for FY 2016 to Meet Budget Cap Requirements

The Congressional Budget Office has said sequestration is not required because appropriations for both defense and nondefense programs for fiscal year 2016 do not exceed the caps on discretionary budget authority. CBO said in the August 2016 report that FY 2016 appropriations for defense and nondefense initiatives based on Office of Management and …

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