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Budget

Democrats to Ramp Up Opposition to OCO Mechanism During Appropriations Process

Valerie Insinna

Tuesday, June 9th, 2015

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In a 46–51 vote, Senate Republicans on June 9 toppled an amendment to the 2016 defense authorization bill that would block the obligation of $38 billion in extra wartime spending until Congress lifts the spending caps mandated under the Budget Control Act (BCA). To circumvent spending limits on the defense budget, House and Senate Republicans have moved $38 billion from the base budget to the Overseas Contingency Operations (OCO) account, which is exempt from BCA limits. President Barack Obama and…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]