Report: Obama Administration to Seek $585B DoD Budget for FY 2016

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BudgetThe White House plans to send a $585 billion fiscal year 2016 Defense Department budget proposal to Congress next week, Defense One reported Tuesday.

Marcus Weisgerber writes the Obama administration’s defense budget will seek $534 billion for the agency’s base budget and another $50.9 billion to fund overseas contingency operations.

The request would top the federal spending limit under the Budget Control Act of 2011 by $34 billion, according to the report.

Weisgerber says the last time DoD had a budget of more than $585 billion was in fiscal 2012, when defense appropriations reached $645 billion.

Military leaders will testify on Wednesday at a Senate Armed Services Committee hearing about the detrimental consequences of sequestration, according to Defense One.

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