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Congress

Panel Rejects Special Funding Setup For Submarine

Julie Samuel

Monday, May 14th, 2012

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A key House panel approved plans to restore a submarine the Navy cut from its budget but is refusing to back a special funding setup the service said it needs to afford the vessel. House Appropriations Defense subcommittee (HAC-D) Chairman C.W. “Bill” Young (R-Fla.) said while he supports adding advance-procurement monies to the Pentagon’s FY ’13 budget to help the Navy buy a second Virginia-class submarine in FY ‘14, he will not endorse an incremental-funding setup that allowing the service…

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