A McAleese & Associates report forecasts that Congress will reach a final compromise of 5 percent to 7 percent increase in fiscal year 2022 defense funding in late February or early March.
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The Congressional Budget Office (CBO) examined three options for national defense if funding for the Pentagon would be reduced by 14 percent, or approximately $1 trillion, from 2022 through 2031. Under the
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The president’s proposed fiscal year 2022 budget is expected to include $715 billion in defense funding and Gen. Lloyd Austin, secretary of the Department of Defense (DOD) and a 2021 Wash100 Award
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Wesley Hallman, senior vice president for strategy and policy at the National Defense Industrial Association, has said that the recently signed 2019 Bipartisan Budget Act may lead to better government-industry collaboration.
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Patrick O’Brien, director of the Office of Economic Adjustment at the Pentagon, said the lack of stable funding for the U.S. military affects communities surrounding military bases across the U.S.
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President Donald Trump has said he may pursue a national emergency to fund the construction of a wall along the U.S.-Mexico border should negotiations over spending fail, Federal Times reported Wednesday. “I
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Budget negotiators in the House and Senate are finalizing a “tentative” agreement that seeks to align the upper and lower chambers’ versions of a fiscal year 2016 budget, Politico reported Wednesday. Rachael Bade
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U.S. Army Secretary John McHugh has indicated the need for Congress to implement long-term defense funding as the service seeks to balance readiness, manpower and modernization amid continued concerns about a possible 2016 sequestration. David Vergun
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