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Former defense officials now representing industry have indicated support for a new bill moving through the Senate that would require the government to work consistently on a two-year budget cycle, arguing that it would increase funding stability and resiliency for the Pentagon. The Senate Budget Committee on Wednesday passed a bipartisan bill that would enact overall budget resolutions over a two-year cycle while retaining current annual appropriations, and includes a measure that would increase total defense spending to $750 billion…
