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Defense Budget Alert

December 12, 2017 | Daily News

President Trump today signed the Fiscal Year 2018 National Defense Authorization Act into law, further intensifying partisan budget talks on Capitol Hill over defense spending.

December 08, 2017 | Daily News

The Defense Department will continue to use its controversial Overseas Contingency Operations account to fund the $4.5 billion European Reassurance Initiative, despite a recommendation from the Government Accountability Office that the Pentagon move ERI spending into its more stable base budget.

December 08, 2017 | Daily News

With Congress poised to pass tax reform legislation that could grow the federal deficit, some analysts and experts say they expect defense spending to face new constraints.

December 07, 2017 | Daily News

The Defense Department is preparing for a government shutdown Friday, an event senior Pentagon officials say would halt pay for U.S. soldiers, damage military readiness and disrupt key defense contracts.

December 07, 2017 | Daily News

Air Force leaders will review the service's programs, budgets and manpower to find ways to get the best bang for their buck in the fiscal year 2020 program objective memorandum and future years defense plan, the service said this week.

December 06, 2017 | Daily News

The chairwoman of the House Appropriations defense subcommittee says she's optimistic Republicans and Democrats will avert a government shutdown Friday and ultimately reach a budget deal that boosts defense spending through the Pentagon's controversial war-funding account.

December 04, 2017 | Daily News

President Trump's plans for a military buildup, which include a 355-ship Navy and the increase of more than 200,000 troops, exceed legislative cost caps by $295 billion over the next four years and would drive the Pentagon's base budget to $688 billion by 2027, according to the non-partisan Congressional Budget Office.

December 02, 2017 | Daily News

SIMI VALLEY, CA -- House Armed Services Committee Chairman Mac Thornberry (R-TX) today offered lukewarm support for a two-week extension to a stopgap spending measure needed to avert a government shutdown, but said he has told House Speaker Paul Ryan (R-WI) his support will not continue past Christmas.

December 02, 2017 | Daily News

SIMI VALLEY, CA -- House Armed Services Committee Chairman Mac Thornberry (R-TX) offered lukewarm support today for a two-week extension to a stopgap spending measure needed to avert a government shutdown Dec. 8, but has told House Speaker Paul Ryan (R-WI) that his support will not continue passed Christmas.

December 02, 2017 | Daily News

The Pentagon acquisition chief, flanked by the House majority leader and the CEO of Northrop Grumman, said Saturday the United States needs to loosen export controls to allow greater sharing and sales of information and technology with U.S. partners and allies.

November 30, 2017 | Daily News

Republicans are working on a short-term extension of the stopgap spending bill to avert a government shutdown Dec. 8, House Speaker Paul Ryan (R-WI) said today.

November 30, 2017 | Daily News

The top Democrat on the House Armed Services Committee doesn't see any viable option to reach a spending agreement before the current continuing resolution expires next week, as Republicans focus on moving a tax-reform package through the Senate.

November 29, 2017 | Daily News

The Senate's top appropriator aims to increase the Army's buying power in fiscal year 2018, adding more than $4.1 billion to the service's procurement account in the chairman's mark released Nov. 21.

November 27, 2017 | Daily News

Senate appropriators seek to increase modernization spending on the Navy's major accounts -- aircraft procurement and shipbuilding -- at higher levels than their House counterparts, while recommending similar spending levels for ammunition, weapons and "other" portfolios.

November 21, 2017 | Daily News

The Senate Appropriations Committee today released a defense spending bill that surpasses statutory budget caps by more than $32 billion.

November 15, 2017 | Daily News

House Armed Services Committee Chairman Mac Thornberry (R-TX) and Ranking Member Adam Smith (D-WA) differ on many defense policy issues, but have reached bipartisan agreement that the congressional budget process is "broken" and that the Pentagon's acquisition system is too resistant to reform.

November 10, 2017 | Daily News

The Pentagon is requesting an additional $307 million in fiscal year 2018 for several classified Strategic Capabilities Office programs under an emergency appropriation focused on "missile defeat and defense enhancement," according to budget documents.

November 08, 2017 | Daily News

House and Senate negotiators have crafted a final fiscal year 2018 defense authorization bill that blows past statutory budget caps by nearly $80 billion and continues the Capitol Hill trend of reforming Pentagon acquisition and bureaucracy.

November 06, 2017 | Daily News

The White House has sent Congress a budgetary amendment seeking an additional $6 billion in defense spending for fiscal year 2018, with $4 billion requested for missile defense to counter threats from North Korea, $700 million going to repair damage to Navy ships and $1.2 billion to finance the U.S. buildup in Afghanistan.

October 27, 2017 | Daily News

The Defense Department is embarking on what could be among the most complex financial audits in history, involving approximately $2.4 trillion in assets and more than 1,000 auditors, according to Pentagon Comptroller David Norquist.

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