Congress Heading for December Budget Showdown Over Defense Spending

Monday, November 13, 2017 | Tag Cloud Tags: , , , , ,

(Worthy News) – Congress is heading toward a budget showdown next month after the two chambers agreed to a defense authorization plan for fiscal year 2018 that exceeds federal spending caps by roughly $85 billion.

Lawmakers in coming weeks will have to reconcile the cost of the $700 billion National Defense Authorization Act with current spending limits, but members have yet to come to an understanding on how to deal with the issue.

The spending compromise, unveiled last week by the House and Senate Armed Services committees, still needs final approval by the full House and Senate, but the caps imposed by the 2011 Budget Control Act must be lifted before the legislation can be passed into law. [ Source: Washington Free Beacon (Read More…) ]

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