30 Jul '13, 5pm

Senate Panel Approves $594B DoD Spending Bill

Senate Panel Approves $594B DoD Spending Bill

WASHINGTON — A Senate subcommittee on Tuesday approved a spending measure that would give the Pentagon $594 billion in fiscal 2014, slap new spending restrictions on the F-35 Joint Strike Fighter program, and provide more money for two shipbuilding initiatives. The Senate Appropriations defense subcommittee unanimously approved a Pentagon spending bill that calls for a $516.4 billion base budget and a $77.8 billion war-funding section. The base section’s topline aligns with the Obama administration’s request, while the Overseas Contingency Operations portion would be $8 billion smaller than the White House’s request. “This bill supports our troops, who defend our national interests around the world every day from Afghanistan to the Asia Pacific,” said subcommittee Chairman Sen. Dick Durbin, D-Ill. But Durbin, like most other defense-minded lawmakers, had barely started his...

Full article: http://www.defensenews.com/article/20130730/DEFREG02/3073...

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