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Rep. Frank Urges 25 Percent Defense Spending Cut

Rep. Barney Frank (D-Mass.) called for cutting defense spending by 25 percent, or roughly $150 billion, with cuts centered mainly on weapons procurement programs and personnel end-strength reductions. In an interview with the South Coast Standard-Times, Frank was quoted as saying the Department of Defense must be forced to choose which weapons programs it will cut. However, Frank is chairman of the House Financial Services Committee that oversees Federal Reserve monetary policy and banking and securities regulation, not the House…

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Congress Updates

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]


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Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

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