SASC Breaks Spending Cap by $25 Billion in FY25 Defense Policy Bill
June 17, 2024
Valerie Insinna and Michael Marrow
Breaking Defense
SASC Breaks Spending Cap by $25 Billion in FY25 Defense Policy Bill
June 17, 2024
Valerie Insinna and Michael Marrow
Breaking Defense
UNITED STATES – AUGUST 4: Sen. Roger Wicker (R-MS) left, and Sen. Jack Reed (D-RI) talk on the second floor of the Capitol as they both arrive for the policy luncheons on Tuesday, Aug. 4, 2015. (Photo By Bill Clark/CQ Roll Call)
By Valerie Insinna and Michael Marrow, Breaking Defense / June 14, 2024
The Senate Armed Services Committee has approved a $911.8 billion topline for the National Defense Authorization Act, a move that would shatter spending limits imposed by last year’s debt ceiling deal.
The bill greenlights a total of $878.4 billion for the Defense Department and $33.4 billion for defense-related activities in the Department of Energy. When combined with an estimated $11.5 billion in non-NDAA defense activities, the total national defense topline sought by the SASC is $923.3 billion — blowing past the $895 billion defense spending cap imposed by the Fiscal Responsibility Act (FRA) by a significant margin that staffers put in the range of $25 billion.
After a two day, twelve hour long markup period where committee members amended the bill behind closed doors, SASC passed the measure Thursday night in a 22-3 vote, moving it to the Senate floor. Details of the vote were released Friday.
Read the rest of the article here: https://breakingdefense.com/2024/06/sasc-breaks-spending-cap-by-25-billion-in-fy25-defense-policy-bill/
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