THE LOOMING BUDGET DISASTER: At the beginning of the fiscal year, Pentagon officials were breathing easy. A bipartisan two-year agreement meant the defense budget was passed on time and programs were fully funded, with the promise that the stranglehold of sequestration was a thing of the past. But now the storm clouds are gathering again, with a divided Congress further polarized by President Trump’s proposed budget, which ditches any effort to reach another agreement on lifting the mandatory spending caps imposed by the Budget Control Act of 2011, which doesn’t expire for two more years. If there’s no agreement to raise the budget caps over the summer, the result will be another stop-gap continuing resolution, or CR. “I think we’re staring down the barrel of a CR September 30. We have 39 working days left between now and 31 July,” said David Perdue, R-Ga. at yesterday’s Senate Armed Services Committee hearing on Air Force programs. “If we don’t move this up as a priority, there is no way we’re going to get defense authorization done.” ‘ABSOLUTELY DEVASTATING’: In normal times a CR would simply freeze spending at current levels until the real budget is passed. But because the Budget Control… Read full this story
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