The Navy’s is doubling-down on science and technology spending, using the funds it’s receiving from the CARES Act stimulus passed by Congress during the COVID-19 pandemic, a leading defense spending expert said Monday.
The following is the July 13, 2018 Congressional Research Service report, The Defense Budget and the Budget Control Act: Frequently Asked Questions. Read More
Congressional spending has become so unpredictable, a panel of Pentagon experts said the defense industrial base is shrinking and the weapons systems of tomorrow are not being developed today. Read More
ARLINGTON, Va. — Expect Congress to consider reversing the nearly five-year policy of limiting Department of Defense spending, and either amend or repeal the 2011 Budget Control Act soon, the chair of the House Armed Services Committee said on Wednesday. Read More
A variety of Navy studies point towards the need for a bigger fleet to handle global requirements, and the upcoming change in administration and end to the Budget Control Act spending caps may present an opportunity to begin thinking creatively about what the future larger fleet may look like. Read More
The Budget Control Act of 2011 is probably the largest challenge the next administration faces and not just in defense but spending across all the federal agencies,” one of the nation’s leading experts on defense budgets told reporters Tuesday. Read More
The Defense Department is about three weeks from finalizing its Fiscal Year 2017 budget request and is coordinating with Congress on a final 2016 spending bill now that a two-year budget deal is in place, DoD Comptroller Mike McCord said Monday at a Center for Strategic and International Studies event. Read More
The following is the May 27, 2015 Government Accountability Office (GAO) report, Sequestration: Documenting and Assessing Lessons Learned Would Assist DOD in Planning for Future Budget Uncertainty. The report was called for in the Fiscal Year 2014 National Defense Authorization Act (NDAA) to review the “implementation and effects” of the FY 2013 sequestration cuts levied on the Department of Defense. Read More