Plans outlined in the Pentagon’s Future Years Defense Program would cause the base defense budget to balloon to $735 billion (in today’s dollars) by 2033, according to new analysis from the Congressional Budget Office.
The base amount requested for 2019 was $617, plus overseas contingency costs. It is expected to be higher when the administration sends its budget request to Capitol Hill mid-March.
“About 25 percent of the total growth from 2024 through 2033 would be in military personnel costs, 55 percent in [operations and maintenance] costs, and 20 percent in costs to develop and purchase weapon systems,” the report said.
Senate Passes National Security Package; Pentagon Ready to Send Aid to Ukraine
The Senate passed the House’s version of a foreign aid package Tuesday night and sent it to President Biden, who said he will sign it. “A bipartisan majority in the Senate joined the House to answer history’s call at this critical inflection point,” President Biden...
