Thursday, February 8, 2018

U.S. Senate Reaches Budget Deal That Would Set Defense Spending At $700 Billion For 2018 And $716 Billion For 2019



Defense News: Senate reaches budget deal with huge defense boost

WASHINGTON — Senate leaders have reached a two-year deal that would set defense spending at $700 billion for 2018 and $716 billion for 2019.

Those top-lines, part of a deal announced by Senate leaders Wednesday afternoon, hews to those authorized by National Defense Authorization Act for 2018 and President Donald Trump’s expected 2019 defense budget.

Not all of the details were announced immediately, as bipartisan talks continued, but sources close to them said spending limits for defense and non-defense combined would be raised by $300 billion over two years.

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WNU Editor: U.S. Secretary of Defense Mattis got everything he wanted .... and then some more. As to what is my take .... the U.S. government's addiction to spend and have deficits continues. As for the $1.416 trillion slated to the Pentagon for the next two years .... I am willing to bet that when the House of Representatives are finished adding their favorite programs .... there will be a few more billion in this number.

More News On The U.S. Senate Reaching A Budget Deal That Would Set Defense Spending At $700 Billion For 2018 And $716 Billion For 2019

Overnight Defense: Senate reaches budget deal with boost for defense | Defense hawks approve -- The Hill
Two-Year Budget Deal Would Raise Caps, Give Pentagon $700B in 2018 -- Defense One
The proposed US defense budget could fund China’s nearly four times over -- Quartz

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