Mick Mulvaney, director of the Office of Management and Budget, has said President Donald Trump plans to release a detailed version of his budget plan in May that will include a strategy to address U.S. deficits, Reuters
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The U.S. Navy has declined to submit a fiscal year 2018 budget plan to the Defense Department that includes $17 billion in budget cuts to shipbuilding programs in the next five years,
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The U.S. Navy wants to retire as many as 28 battle force ships between fiscal year 2017 and fiscal 2021 as part of a new shipbuilding plan the military branch submitted to Congress earlier
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Norbert Vint, acting Office of Personnel Management inspector general, has issued a report that says OPM has not followed “proper” capital planning procedures for a project to modernize the agency’s information technology systems. Vint informed
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An omnibus bill that would authorize $1.15 trillion in government funds for fiscal year 2016 is now headed to the White House for President Barack Obama’s signature after the Senate passed the
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The Defense Department looks to trim military equipment production, research and development programs during fiscal 2017 in a bid to maintain readiness levels and end strength, Defense News reported Sunday. Aaron Mehta writes DoD officials
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President Barack Obama signed a bipartisan budget deal Monday that suspends the debt limit through March 2017 and increases spending levels by $80 billion until September 2017, The Hill reported Monday. Jordan
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The Senate voted 64-35 early Friday to pass a bipartisan budget deal that sets two-year government spending priorities and averts a possible federal default next week, Bloomberg reported Friday. Terrence Dopp and
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A U.S. Air Force official has warned that a continuing resolution could force the service branch to end its current contract with Boeing over the KC-46 tanker aircraft, Defense News reported Tuesday. Brig.
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The Japanese defense ministry requested a $42.38 billion budget for its next fiscal year that will start in April, a 2.2 percent increase from the agency’s current funding levels, Reuters reported Monday.
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