Pentagon To Get Some Flexibility In Spending $700B Windfall

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Congress is poised to give the Pentagon flexibility on when and how it can spend the cash windfall it is set to get in a massive government spending bill unveiled Wednesday.

Under the bill, known as the omnibus, the Pentagon would be allowed to spend up to 25 percent of its operations and maintenance funds in the last two months of the fiscal year. It would also have more flexibility to reprogram funding.

The omnibus would provide $700 billion for defense spending in fiscal year 2018, an $80 billion increase over caps that were lifted as part of a budget deal. That number covers the Pentagon, as well as non-Pentagon defense programs such as the Department of Energy’s nuclear weapons program.

 

Read more at The Hill.

{Matzav.com}

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