The Senate Appropriations defense subcommittee today approved its $459.3 billion fiscal year 2008 defense appropriations bill, including a proposal to rescind funding for the second of two Littoral Combat Ships that General Dynamics is developing. The full committee is scheduled to mark up the bill tomorrow. The legislation falls short of the $463.1 billion requested by President Bush to pay for Pentagon operations, personnel costs and new weapons. Compared to Bush's request, the Senate bill would cut $1.4 billion from...
