Congressional leaders yesterday agreed on a continuing resolution (CR) to fund the first six months of fiscal year 2013 at levels set in the Budget Control Act of 2011. The House and Senate plan to vote in September on the resolution, which would expire at the end of March 2013. The resolution has the blessing of the White House. While CRs often continue funding at the previous fiscal year’s level, the one being considered for the first half of FY '13 would adhere to…
Recommended
HII Wins $56 Million Navy Contract For AUKUS Submarine Design Work
Air Force Tests Unarmed ICBM Reentry Vehicle
Trending
Congress Updates
Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome
Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine
A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]
Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]