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Tag Archives: spending caps

CBO: No Sequester Budget Cuts Needed in Fiscal 2016

The Congressional Budget Office has said sequestration is not necessary for the current fiscal year because defense and nondefense appropriations do not exceed budget limits set by law. CBO said Monday that fiscal 2016 defense and nondefense funding allocations are respectively equal to the estimated $606.9 billion and $542.8 billion caps …

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President Obama Rejects $612B Defense Policy Bill

President Barack Obama has issued a veto on the 2016 National Defense Authorization Act, sending the legislation back to Congress over what he called a strategy to sidestep military budget caps, The Hill newspaper reported Thursday. Jordan Fabian writes the $612 billion NDAA was approved by the Senate in a 70-27 vote and the House through a …

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Reports: Senate Sends 2016 Defense Policy Bill to Final Vote

The Senate voted 73-26 to advance the proposed $612 billion National Defense Authorization Act for 2016 toward a final vote later this week amid talks of an expected presidential veto on the bill, The Hill reported Tuesday. Jordain Carney writes that 21 Democrats joined the Republican majority to end debate on NDAA …

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WSJ: Obama, GOP Leaders in ‘Preliminary’ Talks for 2-Year Budget

Republican leaders have opened discussions with President Barack Obama about crafting of a two-year budget in an effort to avoid a government spending standoff during the 2016 presidential election year, the Wall Street Journal reported Tuesday. Siobhan Hughes and Kristina Peterson write the White House and Republican leaders are gearing …

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Report: Senate to Consider 3-Month Funding Bill

The Senate will mull a $1.02 trillion stopgap measure that adds $74.7 billion for the military’s overseas contingency operations and funds the government through Dec. 11, Defense News reported Tuesday. Joe Gould writes that the measure works to support efforts to prevent a government shutdown and enable lawmakers to take up …

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House Bill Aims to Head Off Gov’t Shutdown

Four House Democratic lawmakers have introduced a bill that calls for bipartisan efforts to raise sequestration spending caps and avert another government shutdown at the end of this month. Rep. Chris Van Hollen’s (D-Md.) office said the Prevent A Government Shutdown Act of 2015 would require Congress’ budget negotiators to …

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Mackenzie Eaglen: FY 2016 Spending Bill to Take Shape After CR

Mackenzie Eaglen, a defense analyst at the American Enterprise Institute, believes Congress will likely execute a short-term continuing resolution to fund the government through Oct. 1 as lawmakers continue negotiations on the fiscal year 2016 budget. Eaglen wrote in a guest piece published Tuesday on Breaking Defense the spending bill is among other …

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