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House OKs Its Defense Bill Version, Allocates $606B

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The House approved a $606 billion defense spending bill Thursday, including $518 billion in base funds plus $87.7 billion for the Afghanistan war and other overseas operations, Reuters reports.

According to David Alexander’s report, lawmakers agreed to freeze Pentagon spending at fiscal year 2012 levels, which cut $1 billion from base funds.

This version of the defense authorization bill for fiscal 2013 is $2 billion more than what President Obama requested, according to the report.

Alexander reports the Senate will not take up its version of the defense budget bill until August and both chambers will have to reconcile both versions before sending a complete bill to the White House for Obama’s signature.

The House Armed Services Committee’s initial version of the bill would have allocated $554 billion in base spending for 2013.

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