
A reported plan from House Republican leadership to cap fiscal year 2024 discretionary spending at FY ‘22 levels would lead to a nearly $100 billion topline reduction from the Pentagon’s proposed budget and result in “extremely disruptive” program cuts, according to the department’s chief financial officer. Mike McCord, the Pentagon comptroller, urged Congress to avoid such a spending proposal that he said would result in large spending cuts to programs ranging from Navy shipbuilding to nuclear modernization efforts. McCord said…