Tax legislation generates concern over potential defense spending squeeze

By Marjorie Censer Tony Bertuca / December 13, 2017 at 6:06 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 deficit...

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