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…
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Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]
Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says
The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]
Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says
COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]
Trump Wants Second Reconciliation Bill On His Desk By June 1
President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]
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