Though the Defense Department failed to receive a “clean” opinion from auditors who examined more than $2.7 trillion in DOD assets, Pentagon officials say the historic undertaking has provided valuable information that will improve military readiness and cybersecurity.
Defense Budget Alert
November 14, 2018 |
Daily News
Senate Armed Services Committee Chairman Jim Inhofe (R-OK) today came out in favor of a $733 billion total defense topline, putting him at odds with the White House, which has directed the Pentagon to plan for a $700 billion topline.
November 14, 2018 |
Daily News
Rep. Adam Smith (D-WA), expected to become the next chairman of the House Armed Services Committee, said today he is considering negotiations with GOP defense hawks that could increase defense spending on conventional capabilities in exchange for cuts to the U.S. nuclear arsenal.
November 07, 2018 |
Daily News
Democrats reclaimed a majority in the House last night, ousting GOP committee chairmen from perches of influence and tightening the pressure on defense hawks who must now contend with a White House seeking new fiscal restraint and progressive-minded lawmakers ready to cut defense spending.
November 02, 2018 |
Daily News
President Trump's proposed cut to the defense budget -- and other discretionary spending -- is necessary to address the skyrocketing deficit, according to national security adviser John Bolton, who said the Pentagon can weather the downturn if it spends its funds more wisely.
October 29, 2018 |
Daily News
The Washington defense community returned to work Monday morning after a weekend spent digesting the potential impact of a White House-directed $33 billion cut to the Pentagon's budget in fiscal year 2020, a reduction Deputy Defense Secretary Pat Shanahan confirmed Friday.
October 26, 2018 |
Daily News
Deputy Defense Secretary Pat Shanahan said today the Pentagon is building two budgets: one that accounts for total defense spending of $733 billion and one for $700 billion, the amount President Trump has said the he will "probably" seek in fiscal year 2020.
October 25, 2018 |
Daily News
About 70 percent of the Pentagon's $69 billion Overseas Contingency Operations account -- intended for warfighting costs -- will actually pay for "enduring" priorities that would likely continue in the absence of U.S. military operations in the Middle East, according to a new Congressional Budget Office report.
October 24, 2018 |
Daily News
Defense lawmakers rejected several Navy reprogramming requests that would have funded a consulting group for surface warfare reforms, supported developing a high-energy laser and financed an effort related to investigating physiological episodes occurring within the F/A-18 and E/A-18 fleets.
October 24, 2018 |
Daily News
Defense lawmakers have approved the lion's share of the Pentagon's request to shift billions of dollars in existing funds toward new and emerging priorities, according to a recently filed congressional response to a July "omnibus" reprogramming document.
October 16, 2018 |
Daily News
ANNAPOLIS, MD -- The Navy's top acquisition official said today the service is looking at ways to shift and save funding for its upcoming budget request, citing the recently canceled Assault Amphibious Vehicle survivability upgrade program as an example.
October 10, 2018 |
Daily News
Deputy Defense Secretary Pat Shanahan, one of the chief architects of the Pentagon's upcoming budget request, provided new details today on the modernization "retooling" required to position the U.S. military for a new era of competition against China and Russia.
October 04, 2018 |
Daily News
Though Congress recently broke a streak of fiscal dysfunction and provided on-time funding to the Pentagon for the first time in a decade, some lawmakers say there could be a partisan budget fight looming, particularly if Democrats win a majority in one or both chambers of Congress.
October 01, 2018 |
Daily News
Defense committee lawmakers have granted the Pentagon authority to reprogram funds for a new upgrade to the Air Force's 30,000-pound bunker-busting bomb designed to hit deeply buried targets, but the Senate Appropriations Committee has denied most of the service's original request.
September 27, 2018 |
Daily News
As the House sits poised to pass an on-time defense spending package for the first time in a decade, Republicans and Democrats on the House Armed Services Committee today staked out opposing territory in what is slated to become a major fight over the future of the U.S. defense budget, especially if mid-term elections are carried by a blue wave.
September 22, 2018 |
Daily News
The House returns to session this week eyeing a vote on a $675 billion defense appropriations bill that has already cleared the Senate and must be signed into law by Oct. 1 to prevent a partial government shutdown.
September 20, 2018 |
Daily News
The Pentagon has about 10 weeks to make budget choices for fiscal year 2020 that will likely impact military modernization for the next 50 years, according to Deputy Defense Secretary Pat Shanahan.
September 15, 2018 |
Daily News
The fiscal year 2019 defense spending bill agreed to by conference negotiators adds new reporting requirements for Defense Department other transaction agreements and mandates a comptroller general review of their use, but it doesn't change DOD's ability to use such agreements.
September 15, 2018 |
Daily News
Lawmakers have rescinded $115 million in fiscal year 2018 Tomahawk missile funding and directed the Navy secretary to conduct a full program review following the service's request to repurpose some of those funds.
September 14, 2018 |
Daily News
Congressional appropriators have deemed the Army's current acquisition strategy for a key air and missile defense system unattainable and are seeking cost estimates for alternative plans.