October 5, 2024

Key GOP Sen. Wants $55B Increase in Defense Spending

Defense Spending

Mississippi Republican Sen. Roger Wicker, a member of the Senate Armed Services Committee, released a plan calling for an additional $55 billion above the fiscal 2025 defense spending caps imposed under last year’s debt ceiling deal.

Century-Old Briggs & Stratton Files Bankruptcy

Small engine manufacturer Briggs & Stratton Corp., founded in Milwaukee in 1908, has filed for bankruptcy protection. Briggs was the world’s largest manufacturer of small gasoline engines; it has sold more than 125 million.