Defense

Defense

How the House-Passed Budget Tightens Defense Spending Caps

In our discussion of House Budget Committee Chairman Paul Ryan's (R-WI) budget, we talked about one area where the budget actually boosts spending: defense. The budget repeals the sequester for defense spending, shifting those cuts to the non-defense side while further reducing non-defense spending. However, the committee report for the budget resolution tightens the caps by clarifying the definition of what can count as war spending.

Discretionary Spending in Ryan's FY 2015 Budget

Much of the focus in House Budget Committee chair Paul Ryan's (R-WI) budget inevitably falls on the changes it it would make to mandatory spending, of which there are many. However, much of the budget's deficit reduction comes through further cuts (beyond the sequester currently in place) to non-defense discretionary spending.

Pentagon White Paper Looks at Reforms to Military Retirement

A recent Department of Defense white paper takes a close look at what reforms to the military retirement system might look like, even though the Commission on Military Compensation and Retirement Modernization will not make its recommendations in 2015.

How the President's Budget Deals with the Sequester

On Tuesday, the President released his budget, detailing his priorities for the upcoming year and beyond. Facing declining federal investment, the President's new budget places an emphasis on restoring some of the sequester cuts to discretionary and mandatory spending passed in the Budget Control Act of 2011.

What's New in the President's Budget?

With the release of the FY 2015 President's budget, the Obama Administration has now presented six annual budget plans (and an additional proposal to the Super Committee). As you can imagine, there are a lot of policies in this year's budget that are holdovers from previous ones, but there are also new ones. This blog will highlight major new policies in this year's proposal.

OCO Gimmick Makes an Unwanted (and Unnecessary) Comeback

A few weeks ago, we talked about the Senate veterans bill proposed by Senator Bernie Sanders, which would increase spending on veterans and pay for it by extending some expiring savings provisions and by using the war gimmick. That bill is now set to move forward in the Senate this week.

Defense Department Trims Personnel Costs and Other Programs To Live Within Means

In a somewhat atypical move, Defense Secretary Chuck Hagel previewed in a speech yesterday the Department of Defense's (DoD's) budget request for FY2015, which will be a part of the President's Budget submitted to Congress next week. The budget shows the types of cuts necessary to comply with congressionally mandated budget cuts that transition DoD from an era of wars in Iraq and Afghanistan and real growth in the defense budget to a new era of discretionary spending restraint.

Backtracking on Military Retirement Bodes Poorly for the Budget

Earlier this week, Congress moved quickly on a bill to repeal the military cost-of-living adjustment (COLA) reduction for working age retirees that was included in the Ryan-Murray budget deal. The bill repeals the reduction for all service members who started before 2014, effectively delaying any part of the reform for 20 years and delaying its full phase in until 2058.

Mixed News on the House Military COLA Bill

With the debt ceiling having been reinstated last Friday, lawmakers are scrambling to come up with legislation to lift or suspend it again before extraordinary measures likely run out by the end of the month. Originally, House Republicans had planned on attaching a repeal of the military retirement cost-of-living adjustment reduction for people who joined the service prior to 2014 to a debt ceiling suspension through March 15 of next year.

Syndicate content