House defense spending bill would rescind $3B

By Tony Bertuca / May 20, 2019 at 4:59 PM
The House Appropriations Committee is poised to pass a fiscal year 2020 defense spending bill Tuesday that would rescind more than $3 billion from major weapon system programs. The proposed rescissions are mostly for funds appropriated in FY-19 and FY-18, though some rescissions are for FY-13 and FY-12 money, according to a report accompanying a draft of the committee’s bill. The largest rescission in the bill is $328 million from the Navy’s F/A-18E/F aircraft program. The rescission covers $236 million...

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