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Budget

SASC Approves $750 Billion FY ’20 Defense Budget with Uncertain Path to Success

By Vivienne Machi

Thursday, May 23rd, 2019

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SASC Approves $750 Billion FY ’20 Defense Budget with Uncertain Path to Success

Aerial of the Pentagon, the Department of Defense headquarters in Arlington, Virginia, near Washington DC, with I-395 freeway on the left, and the Air Force Memorial up middle.

The Senate Armed Services Committee (SASC) approved its mark of the fiscal year 2020 National Defense Authorization Act (NDAA) May 22 with a budget topline of $750 billion. But the bill faces challenges ahead as the committee’s House counterparts plan their own markup next month. While SASC members approved the same topline number as requested in the FY ’20 Presidential Budget unveiled in March, they opted to shift over $97 billion in proposed Overseas Contingency Operations (OCO) funds to the…

Budget

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Congress

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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 […]