Late on the evening of March 10, the Senate passed a massive omnibus spending bill to fund the federal government for the rest of fiscal 2022, sending it to President Joe Biden for his signature. For the Defense Department, in particular, the bill will provide ...
Budget
Concern over inflation has impacted the Pentagon’s planning for the fiscal 2023 budget request, the Defense Department’s top financial official said March 9. But the budget is “substantively” complete, and space figures to be a foundational part of it, Comptroller Mike McCord said at the ...
More than five months after the fiscal year began, Congress unveiled its 2022 spending bill for the Pentagon and the rest of the federal government in the early hours of March 9, with a proposed boost for defense spending.
With just over a week left before the latest continuing resolution to fund the federal government runs out, the service Chiefs of the Air Force and Space Force bemoaned the frequent use of CRs to keep the Pentagon funded, calling the practice “bad,” “frustrating,” and ...
The commission will be tasked with looking at ways to shake up the Pentagon’s planning, programming, budgeting, and execution process.
The COVID-19 pandemic imposed supply chain and labor shortages on the defense industrial base.
Congressional leaders say they have made a significant breakthrough toward agreeing to a budget for fiscal year 2022—more than four months after the fiscal year began. But Air Force Association leaders are calling on lawmakers to break what has become a nearly-annual tradition of continuing resolutions ...
The Biden Administration's inflation estimates will be the big story related to the fiscal 2023 defense budget submission, experts said in a streamed Center for Strategic and International Studies “budget preview” Feb. 7. The inflation estimates will either be greeted as realistic—and damning for the ...
Congress will consider yet another continuing resolution—the third this fiscal year—to keep the government funded into March, as lawmakers continue to haggle over the fiscal 2022 budget. The Further Additional Extending Government Funding Act, introduced in the House Committee on Rules on Feb. 7, would ...