Latest "Budget"
House lawmakers cut back public hearings on annual defense bill
Defense and veterans hearings on Capitol Hill for the week of May 13, 2024.
How the Pentagon found $300M for Ukraine, but is still deep in the red
The discovery of the $300 million has raised some eyebrows.
By Lolita C. Baldor, The Associated Press and Tara Copp, AP
Congress passes defense spending bill after months of delays
Congress has passed an $825 billion FY24 defense spending bill, but the plan to get Ukraine military assistance across the finish line remains uncertain.
Some military activities could shut down this weekend amid budget rush
If Congress does not approve a federal appropriations plan by midnight, some military activities could be postponed or canceled over the weekend.
Monthly bonuses for junior troops included in defense budget plan
Under the latest congressional budget plan, troops E-6 and below could start getting monthly bonuses from the Defense Department to offset low base pay.
Fixing subpar barracks at top of the Marine Corps’ budget wish list
The money would come on top of the $274 million for barracks restoration in the service’s official budget request.
Navy 30-year shipbuilding plan relies on more money, industry capacity
The Navy says it needs 381 ships and can get there by 2042 — assuming shipyards deliver on time and the Navy gets all the money it requests.
Pacific force’s wish list seeks $11 billion more than defense proposal
Indo-Pacific Command says it faces an $11 billion funding gap for regional military construction, space programs, munitions and Guam missile defenses.
Project Overmatch budget details too sensitive to share, Navy says
At least three carrier strike groups have Project Overmatch capabilities aboard, a U.S. Navy spokesperson told C4ISRNET.
Navy delays next-generation submarine start to early 2040s
The Navy moved its SSN(X) from a 2035 start to the "early 2040s," as it takes risk in modernization programs to pay for current operations and readiness.
VA-sponsored psychedelics studies get green light in FY24 budget
There are currently eight psychedelic therapy trials taking place across the country through the VA.
By Zamone Perez