Daily News

Tax legislation generates concern over potential defense spending squeeze

December 8, 2017 at 12:06 PM
With Congress poised to pass tax reform legislation that could grow the federal deficit, some analysts and experts say they expect defense spending to face new constraints. The tax bill has passed both chambers of Congress and now needs to be reconciled. According to the Congressional Budget Office, the proposal would add $1.4 trillion to the federal deficit over the next 10 years. Mackenzie Eaglen, a defense budget analyst at the conservative American Enterprise Institute, told Inside Defense the...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on the Trump administration's defense buildup and the response by the coming Democrat-controlled House of Representatives.

Log in to access this content.