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Business/Financial

Obama Should Use Stimulus Funds To Bolster Defense Procurement, Creating Jobs

DDN

Monday, February 9th, 2009

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Extending Raptor Production Would Save Existing Jobs, Swiftly Aid Ailing Economy CBO Report: Federal Spending Would Boost U.S. Economy More Than Reducing Taxes Yet another case has been made for increasing defense spending so as to spur the moribund U.S. economy, by adding military procurement funds to the pending congressional economic stimulus legislation. If the roughly $775 billion to $1 trillion being discussed for the economic stimulus bill were divided in typical U.S. budget fashion, defense would stand to receive…

Congress

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 […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]