Search

Debt Ceiling Deal $886 Billion Defense Cap Defines Trade Space; Fate of UPLs Uncertain

Debt Ceiling Deal $886 Billion Defense Cap Defines Trade Space; Fate of UPLs Uncertain
Secretary of the Air Force Frank Kendall speaks during the Ash Carter Exchange on Innovation and National Security on May 9th in Washington, D.C. (U.S. Air Force Photo)

The debt ceiling deal's $886 billion fiscal 2024 defense cap will heighten congressional scrutiny of military service defense budgets this year and will likely mean congressional leaders will have to cut such requests, if those leaders want to fund items on the services' unfunded priority lists (UPLs) or restore prior funding cuts. Having an established defense topline for fiscal 2024 "defines the trade space" within the congressional defense committees, David Berteau, the president of the Professional Services Council (PSC), said…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

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 […]


Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

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 […]


Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]