/

House Armed Services Committee OKs FY 2014 Defense Spending Bill

1 min read


PentagonThe House Armed Services Committee has approved a bill allocating a $552.1 billion budget for Defense Department to spend in fiscal year 2014, the Defense News reported Wednesday.

John Bennett writes the budget is larger than the Obama administration’s $526.6 billion defense spending plan as the committee approved a missile defense site on the East Coast and limited spending on other large programs.

Defense News reports the bill disregards the second year of sequestration, which imposes a $50 billion across-the-board cut to the defense budget.

Rep. Adam Smith (D-Wash.), the committee’s ranking member, said in a statement that the bill points out why the sequester should be removed, according to Bennett’s report.

ExecutiveGov Logo

Sign Up Now! Executive Gov provides you with Free Daily Updates and News Briefings about DoD

Leave a Reply

Your email address will not be published.

The Ultimate Guide to Winning Government Contracts Let us show you how top executives are winning so you can replicate it