Daily News

Shanahan: DOD is building two budgets and one is $33B less than planned

By Tony Bertuca  
October 26, 2018 at 10:07 AM
Deputy Defense Secretary Pat Shanahan said today the Pentagon is building two budgets: one that accounts for total defense spending of $733 billion and one for $700 billion, the amount President Trump has said the he will "probably" seek in fiscal year 2020. Shanahan, who spoke at a Military Reporters and Editors conference in Arlington, VA, said the Defense Department is now looking at what modernization spending it can reduce to accommodate the White House, though it had initially planned...

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