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Obama Administration Endorses Increasing Exports To Russia By Repealing Cold War-Era Law

Thursday, July 19th, 2012

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The Obama Administration endorses repealing a Cold War-era law that used trade restrictions to punish former Soviet bloc nations for restricting the emigration of citizens. Acting Commerce Secretary Rebecca Blank backed the repeal of the Jackson-Vanik Amendment yesterday at a Capitol Hill lunch hosted by the Senate Aerospace Caucus and the Aerospace Industries Association (AIA) trade group. The Jackson-Vanik Amendment restricts United States trade relations with communist, or formerly communist, nations that restricted emigration and other human rights. Blank said…

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]