A panel of analysts discussing President Biden's first defense budget today said Congress will likely ignore many of the Pentagon's planned divestitures of legacy systems and could possibly add up to $20 billion in new spending. Members of the virtual panel, hosted by the American Enterprise Institute, said they expect Congress to fully exercise its power of the purse and, like other presidential budgets, significantly alter the Biden administration's $715 billion request for the Pentagon, which is part of a...
