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.

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