Obama's final defense plan exceeds statutory budget caps by $110 billion through FY-21

By Jason Sherman / February 9, 2016 at 2:37 PM
The Obama administration has proposed a five-year spending plan that exceeds spending caps by nearly $110 billion, effectively charting a course for the next administration to consider an approach that calls for growing annual weapon system investments from $183.8 billion in FY-17 to $196 billion in FY-21, according to the administration's FY-17 budget request. The Pentagon's fiscal year 2017 budget request, $582.7 billion -- $523.9 billion for the base budget and $58.8 billion for war spending -- is accompanied by...

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