Senate Stopgap Carves Out Billions for Defense Amid Funding Freeze
- The U.S. Senate passed a stopgap funding bill providing about $843.9 billion for defense, nearly half of the $1.7 trillion annualized budget authority, to keep the government running through December 11.
- The bill maintains federal agencies at prior-year funding rates but includes exceptions, such as billions for Navy shipbuilding programs with prior-year cost increases.
- The Congressional Budget Office estimates the stopgap bill provides about $1.7 trillion in annualized budget authority and $1.87 trillion in outlays for the 12 appropriations bills it covers.
- The bill allocates $2.61 billion for prior year shipbuilding cost increases and up to $2.85 billion for National Security Systems; it now returns to the House for approval before the President signs.
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Senate stopgap carves out billions for defense amid funding freeze
(The Center Square) – The short-term funding bill the U.S. Senate passed early Saturday to keep the government running through Dec. 11 would provide about $843.9 billion for defense, nearly half of the about $1.7 trillion in annualized budget authority…
Senate stopgap carves out over $800B for defense amid funding freeze
The short-term funding bill the U.S. Senate passed early Saturday would provide about $843.9 billion for defense, nearly half of the about $1.7 trillion in annualized budget authority it covers, according to a new Congressional Budget.
"The total financing (next year – ELTA), in my opinion, must remain within 5 percent (of GDP – ELTA) as a minimum, and we will agree on the final figure with the Prime Minister and the Minister of Finance," R. Kaunas told reporters.
Money will be used in energy projects in the Northeast, but part of the resources will be incorporated into the Union budget. Read in the People's Gazette.
Senate stopgap carves out billions for defense amid funding freeze - BIZ Magazine
By Brett Rowland | The Center Square (The Center Square) – The short-term funding bill the U.S. Senate passed early Saturday to keep the government running through Dec. 11 would provide about $843.9 billion for defense, nearly half of the …
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