By Emelie Rutherford House Financial Services Committee Chairman Barney Frank (D-Mass.) said yesterday he is optimistic a presidential deficit-reduction commission will heed the call of over 50 lawmakers to seek significant weapon-system cuts in the Pentagon budget. Frank spoke to reporters yesterday in advance of the release budget-cutting proposals, due Dec. 1, from President Barack Obama's National Commission on Fiscal Responsibility and Reform. The bipartisan commission is charged in part with making recommendations for balancing the nation's budget, excluding interest…
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COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]
Trump Wants Second Reconciliation Bill On His Desk By June 1
President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]
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Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]
Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority
Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]