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DoD Eyes Money Shifts If Sequestration Cuts Hit

The Pentagon’s top officer said yesterday if the defense budget is hit with nearly $500 billion in “sequestration” cuts, then the military would seek Congress’ approval to shift funding in its coffers to cover war costs. In what was likely his final testimony before Congress on the fiscal year 2013 budget, Chairman of the Joint Chiefs of Staff Army Gen. Martin Dempsey suggested the new revelation that war funding would be subject to the looming long-term sequestration cuts is not…

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Congress Updates

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 […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]


HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]


House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]