Senate appropriators are highlighting some of the key investments in their fiscal year 2025 defense spending bill, which would increase the Defense Department's budget by 3.3%, or more than $27 billion above what Congress enacted in FY-24. The $852 billion bill, however, is $21 billion above the cap mandated by the 2023 Fiscal Responsibility Act following a bipartisan deal struck to increase defense and non-defense “emergency” spending above FRA limits. The committee voted in 28-0 in favor of the bill...
