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Posts Tagged ‘debt ceiling agreement’

Budget Deal Will Be Difficult to Justify, Sessions Says

  • January 14, 2015
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Alabama Sen. Jeff Sessions, a senior member of the Senate Armed Services and Budget committees, says the bar will be relatively high for fiscal conservatives to sign off on an agreement to relax the Budget Control Act cap on defense spending. “I believe if people want to raise the defense cap, then they’re going to have to justify it,” Sessions told DefenseNews. “We’re going to have to talk about it, and we’re going to have to go to more than just general rhetoric but specific justifications because it doesn’t do any good to have … the Budget Control Act if we’re not going to adhere to it but [for] a year or two …

DOD FY’16 Budget Topline to Exceed Spending Cap

  • January 8, 2015
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The Pentagon is expected to request a topline spending level of $534 billion for fiscal 2016, which would exceed the Budget Control Act spending cap by almost $35 billion, according to defense officials and congressional aides. If Congress matches DOD’s request but fails to provide the department any relief from the spending cap, automatic cuts under sequestration would be imposed. Defense stakeholders are eagerly awaiting the Obama administration’s FY 2016 budget request — scheduled to be unveiled Feb. 2 — as it follows a two-year period in which lawmakers offered DOD $31.5 billion in extra spending by lifting the budget caps …

New Players Mean Budget Deal Remains a Long Shot

  • January 5, 2015
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With new lawmakers heading up the House and Senate Budget committees in the 114th Congress, the likelihood that Congress is able to duplicate the late-2013 agreement that lifted the fiscal 2014 and 2015 defense spending caps by a total of $31 billion appears remote. That deal was negotiated by Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.), but both are moving to new committee assignments this year. At this point, it’s not entirely clear how their replacements, Rep. Tom Price (R-Ga.) and Sen. Mike Enzi (R-Wyo.), plan on addressing sequestration. If Congress does not revise the 2011 Budget Control Act, the topline for defense spending would rise only $1.7 billion to $523 billion in FY 2016 …

FY’16 Appropriations Expected to Follow More Torturous Path

  • December 16, 2014
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The fiscal 2015 omnibus spending package cleared by Congress this past week experienced its share of twists and turns as elements of both parties attempted to remove objectionable provisions, but on the whole its passage represented a mostly bipartisan process that likely won’t be duplicated in the 114th Congress. Negotiations over the “CRomnibus” did not focus on spending allocations because that issue already had been settled last year as part of the budget deal between Sen. Patty Murray (D-Wash.) and Rep. Paul Ryan (R-Wis.) that relaxed the defense and non-defense spending caps for FY 2014 and 2015 …

BRAC Tops the Alternative, McHugh Says

  • December 10, 2014
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A new round of base closures would be the least painful way for the military to cope with the spending cuts forced by the 2011 Budget Control Act, Army Secretary John McHugh said during a ceremony this week at Fort Drum honoring the 10th Mountain Division. One alternative to BRAC that would generate savings for the Army would be to continue downsizing actions at installations across the country, as was the case earlier this year when the post experienced the loss of a brigade and about 1,500 soldiers …

Congressional Leaders Reach Deal on Compromise Spending Bill

  • December 9, 2014
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Congressional leaders Tuesday night unveiled a $1.1 trillion spending package that includes fiscal 2015 appropriations bills for all government agencies except for the Department of Homeland Security. The delayed release of the compromise legislation may force lawmakers to stay in Washington past Thursday, when the current continuing resolution (CR) expires, and require them to pass a CR for two or three days. The House is expected to take up the “CRomnibus” — a package of 11 individual spending bills and a CR lasting through Feb. 27 for Homeland Security — on Thursday, with the Senate most likely voting in the following days …

Defense Spending Will Dominate Next Secretary’s Schedule

  • December 8, 2014
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Ashton Carter, President Obama’s nominee to succeed Chuck Hagel as secretary of defense, is not expected to face an arduous confirmation in the Senate, but he will be confronted with major tests over the department’s budget as soon as he takes the helm at the Pentagon. When Carter arrives DOD’s fiscal 2016 budget request most likely will be completed, leaving him the exercise of selling the proposal — which is expected to exceed the Budget Control Act spending cap by $36 billion — on Capitol Hill …

FY’16 Budget Request Expected to Exceed Spending Cap by $36B

  • December 7, 2014
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The Pentagon’s fiscal 2016 budget request is expected to surpass the corresponding Budget Control Act spending cap by $36 billion, bringing its base budget request in line with its long-planned $535 billion top line, Defense News reported. The higher figure was approved last week by the Office of Management and Budget, according to the story. The gap between DOD’s topline for its next five-year budget, which will cover FY 2016-2020, and the spending caps is expected to jump from $115 billion to $147 billion due to a request from the Joint Chiefs of Staff, which says it cannot carry out the current national security strategy without additional resources …

Defense Budget Insufficient to Meet Strategic Guidance, Independent Panel Concludes

  • December 2, 2014
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The defense budget is inadequate to meet the Pentagon’s strategic requirements, even in the absence of threats which emerged over the past year, two members of an independent panel formed to assess the 2014 Quadrennial Defense Review told the House Armed Services Committee Tuesday. Michèle Flournoy, a former undersecretary of defense for policy, said the Budget Control Act spending caps pose “a threat to national security” and could jeopardize the lives of service members if another conflict were to arise. Congress should approve the department’s proposals to slash spending through a new BRAC round and reform military compensation …

Compensation Panel Not Aiming to Solve Pentagon Budget Challenges, Commissioner Says

  • December 1, 2014
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The Defense Department should not pin its hopes on finding major budget savings in the final report of a nine-member commission established by Congress to review military compensation, according to one member of the commission. “We’re going to work on what’s important to properly recruit and retain and resource the force necessary for the war after next,” former Congressman Stephen Buyer (R), who represented Indiana for nine terms, told Stars and Stripes. “I have told leadership at the Pentagon that their present budget issue is not my problem. Don’t look to me to solve your present budget problem. If you’ve got issues with sequester, then you deal with that with the Congress. That’s not my job …

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