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Congress Allots $573B for Defense, $163B for VA in FY2016

1 min read

budget analysis reviewThe U.S. Congress has reached an omnibus appropriations deal that allocates $573 billion for defense operations and $163 billion for the Department of Veterans Affairs in fiscal year 2016, Marine Times reported Wednesday.

Leo Shane III writes legislators have agreed on a plan to bypass spending limits for two years under the proposed federal spending measure that is expected to pass into law in the coming days.

Government agencies will receive their funds through September 2016 to initiate new programs if the deal gains approval, according to the report.

Under the defense budget, $58.6 billion will fund overseas contingency operations and both military and civilian employees will get a 1.3 percent pay hike beginning in January 2016, the report says.

The VA funding includes a $71.4 billion in discretionary budget, Shane reports.

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