December 7, 2022

DoD Gets $738B of $1.3T Budget Bill

$1.3T Budget

$1.3T budget deal avoids a government shutdown giving $738B to defense and $632B for non-defense spending into the coming year.

Thornberry to Retire, 2020 End of Term

contractor pay

Rep. Mac Thornberry, the Republican’s top voice on military and national security, will not seek reelection next year. He joins five other Texas Republicans retiring from the House at the end of 2020.

CBO Still Sees Billions in Savings in the Military

CBO

Capping pay, scrapping aircraft, slashing benefits and a host of already discussed military and veterans program reforms reappear in this year’s CBO annual “options for reducing the deficit” report.

War Becomes More Complicated

US_Customs_and_Border_Protection_officers

Cyber war, hybrid war, terrorism, space security; more battlefronts than ever confront the US military; policy makers struggle to build readiness.

JSF Scrutinized; Red Tape Is Cut for Aircraft Exports

As the JSF undergoes increasing cost surveillance and accountability studies at home, the White House is making foreign weapon sales easier.

Bet on the Shutdown, Be the Only Budget Winner

Most DoD civilians return to work this week and all furloughed federal workers look to receive back pay, but industry layoffs threaten and military recovery time grows. An emerging futures market based upon government outcomes may prove the best bet in town.