Top Defense Programs Unscathed In $669 Billion Spending Bill -- Aol Defense
CAPITOL HILL: The $669 billion set aside by defense lawmakers for fiscal 2012 is $24 billion short of the White House's initial request but will be enough to finance several of the Pentagon's high-profile programs.
The Pentagon will get $554 billion in its baseline budget and $115.5 billion to continue fighting the wars in Iraq and Afghanistan in the upcoming fiscal year, according to a compromise version of the fiscal 2012 defense spending bill approved late Monday night. The White House originally wanted $693 billion for the Pentagon. The spending levels in the bicameral bill also include reductions mandated in the Budget Control Act passed earlier this year. The bill could be introduced onto the House floor for a vote as early as Wednesday, House Armed Services Committee Chairman Buck McKeon said during a press conference late Monday night. A full Senate vote is expected no later than the end of this week, he added. The legislation could be ready for President Obama's signature by early next week.
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Update: House and Senate agree on Pentagon cuts -- Washington Post
WNU Editor: A more up-to-date and detailed post on the US Defense spending bill will be done later in the day.
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