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Budget

House Appropriations Bill Advances with $88 Billion in OCO Intact

Valerie Insinna

Tuesday, June 2nd, 2015

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The House Appropriations Committee moved forward its $578.6 billion defense appropriations bill today, beating back a Democratic amendment that would reverse a boost to wartime spending that allows Republicans to sidestep congressionally-mandated spending caps.The bill includes $490 billion in base spending and $88 billion in Overseas Contingency Operations funds, an increase of $38 billion over the president’s budget request. That extra money is used to fund the budget at the levels recommended in the president’s budget, which exceeded caps set…

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 […]