image description

Posts Tagged ‘debt ceiling agreement’

Milcon Spending to Rise Compared to FY’13 Post-Sequestration Level

  • January 13, 2014
  • comments: 0

Spending for military construction and family housing programs in fiscal 2014 would rise about $1 billion from last year’s available spending level under the massive omnibus spending package unveiled Monday, solely due to the sequester cuts imposed on fiscal 2013 spending. The Defense Department only had an estimated $8.8 billion available for military construction activities in FY 2013 due to sequestration. Compared to the FY 2013 enacted level, however, spending on military construction activities in the current year would drop $817 million to $9.8 billion …

Appropriators Indicate Need for Stopgap Funding Bill to Buy Extra Days’ Time

  • January 9, 2014
  • comments: 0

Congress likely will need to consider a short-term continuing resolution (CR) to keep the government open past Jan. 15 as appropriators believe they will need several extra days to complete a 12-bill, $1.012 trillion omnibus to fund the government through the end of fiscal 2014. Negotiators are expected to reach an agreement on the massive spending bill prior to the Jan. 15 expiration of the current CR, but the House and Senate will need several days to clear the legislation …

Appropriators Scramble to Meet Fast-Approaching Deadline for FY’14 Budget

  • January 6, 2014
  • comments: 0

House and Senate appropriators are trying to hash out differences over many of the 12 spending bills intended to be included in a fiscal 2014 omnibus spending package, but discrepancies over policy or funding in eight of the measures could force lawmakers to consider a short-term continuing resolution (CR) to avoid a government shutdown after Jan. 15. Appropriators have agreed on spending amounts and language in four of the bills, including military construction-veterans affairs, Barbara Mikulski (D-Md.), chairwoman of the Senate Appropriations Committee, said Monday. Those four will definitely be included in the $1.012 trillion spending package …

Congress Heads Back to DC Facing Tight Deadlines on Spending, Debt Limit

  • January 5, 2014
  • comments: 0

In an effort to expedite the appropriations process early in the second session of the 113th Congress, top lawmakers plan to introduce an omnibus spending bill after having ironed out differences in the 12 individual spending bills over the holiday break, CQ reported. “I think they want to do a blitzkrieg, file and move it rapidly and give people as little time as possible to cause problems,” one Republican lawmaker told CQ…

Budget Deal Will Help Restore Decline in Readiness, Top Officials Say

  • December 22, 2013
  • comments: 0

Defense Secretary Chuck Hagel and Army Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, both applauded on Thursday the bipartisan budget deal for allowing defense spending a reprieve from sequestration’s deepest cuts over the next two years, while warning that difficult budget decisions still remain. “It’s a step in the right direction,” Hagel said during a Pentagon news briefing of the deal which has passed both the House and Senate …

Talks Underway to Strike Compromise on Defense Spending Bill, Durbin Says

  • December 19, 2013
  • comments: 0

When it comes to the fiscal 2014 defense spending bill, the assignment for House and Senate appropriators is to find more than $20 billion in savings from the original budget plans advanced in each chamber. “Negotiations are underway. We’ve got to cut $22 billion out of our mark in the Senate,” Richard Durbin (D-Ill.), chair of the Senate Defense Appropriations Subcommittee, told the Hill. “We understand this won’t be easy …

Senate Clears Budget Deal; Appropriators Off to the Races

  • December 18, 2013
  • comments: 0

The Senate cleared the two-year bipartisan budget agreement on Wednesday, clearing the way for House and Senate appropriators to craft an omnibus spending package for the last eight-and-a-half months of fiscal 2014. The budget framework passed the Senate by a 64-36 vote and now goes to the desk of President Obama, who applauded the deal after it was passed. The next deadline for appropriators is Jan. 15, the date when the current continuing resolution runs out …

Budget Agreement Headed for Passage in Senate

  • December 17, 2013
  • comments: 0

The Senate on Tuesday approved a procedural vote to end debate on the two-year budget agreement, paving the way for the chamber to approve the deal on Wednesday. Twelve Republicans joined all 55 Democrats and independents in supporting the cloture vote, reported the Hill. Final passage requires only a simple majority …

Senate to Take up Budget Agreement, Defense Bill This Week

  • December 16, 2013
  • comments: 0

Despite public opposition from Republican lawmakers, the Senate this week is expected to approve key agreements unveiled over the past seven days — a budget agreement setting topline spending for fiscal 2014 and 2015, and a compromise version of this year’s defense authorization bill. The chamber likely would hold a vote to limit debate on the budget deal Tuesday, with final action expected by Wednesday. Many GOP senators oppose the deal for suspending a portion of the spending caps imposed under sequestration, but the overwhelming 332-94 vote last week in the Republican-controlled House to pass the budget framework will make it difficult for Senate Republicans to block the legislation …

Long-Term Need to Trim Force Structure Remains despite Sequester Relief, Air Force Says

  • December 15, 2013
  • comments: 0

The bipartisan budget deal reached last week will help the Air Force mitigate urgent readiness problems, but long-term budget constraints still will force officials to reduce the size of the service’s forces, the Air Force’s top two officials said Friday. “Even with this relief, we will need to re-size the Air Force to one that is smaller than it is today in order to protect investments we need for the future, and to shape an Air Force that we can keep ready,” acting Air Force Secretary Eric Fanning told reporters at a Pentagon news briefing …

Array ( )