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Tag Archives: overseas contingency operation

Trump OKs Nearly $700B Defense Policy Bill for Fiscal 2018

President Donald Trump has signed a bill that would authorize approximately $700 billion in Defense Department spending for fiscal year 2018, Defense News reported Tuesday. The National Defense Authorization Act for fiscal 2018 includes approximately $66 billion in funds for overseas contingency operations and a 2.4 percent pay increase for military …

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CBO: Fiscal 2017 Appropriation Actions Will Not Result in Sequestration

The Congressional Budget Office has said sequestration is not necessary for fiscal 2017 since appropriations for both defense and nondefense programs do not go beyond the caps on discretionary budget authority. CBO said in an August report that fiscal 2017 appropriations for defense programs based on the Office of Management and Budget …

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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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