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New Five-Year Spending Plan Below Coast Guard’s Stated Needs, Says Rep. Hunter

By Cal Biesecker

Wednesday, June 18th, 2014

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New Five-Year Spending Plan Below Coast Guard’s Stated Needs, Says Rep. Hunter

Artist rendering of Offshore Patrol Cutter. Source: Coast Guard

The Coast Guard’s new Capital Investment Plan (CIP) delivered to Congress on Monday falls well short of its needs for annual spending on ships, aircraft and related assets based on the funding requirements stated by the service’s recently retired former commandant, the chairman of a House panel said on Wednesday. The FY ’15 CIP never exceeds $1.2 billion annually over the next five years yet former Coast Guard Commandant Adm. Bob Papp and the Government Accountability Office have put the…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]