:

Budget

Sequestration’s Return Would Hit Procurement, R&D By $66 billion

Defense Daily Staff

Wednesday, April 16th, 2014

SHARE:

Sequestration’s Return Would Hit Procurement, R&D By $66 billion

The Pentagon, headquarters of the Department of Defense. DoD photo by Master Sgt. Ken Hammond, U.S. Air Force.

The Pentagon will be forced to cut spending on procurement and research and development by more than $66 billion dollars over a four-year beginning in fiscal 2016 if Congress does not block the resumption of sequestration. The Bipartisan Budget Agreement passed by Congress last year lifted sequestration for fiscals 2014 and 2015 in place of budget caps, but the measure ends at the end of fiscal 2015. The Pentagon on Tuesday evening outlined in a report how its spending plans…

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]