Senate appropriators rescind $3.8 billion in prior-year funds

By Tony Bertuca / June 28, 2018 at 12:57 PM
The Senate Appropriations Committee has approved a fiscal year 2019 defense spending bill that rescinds $3.8 billion in prior-year funding for Pentagon programs lawmakers say are delayed or no longer needed, according to a summary provided by committee Democrats. The proposed rescission aligns with the committee’s nearly $4 billion increase in investments in experimental weapon systems technology. Though a staffer said there was no direct correlation between the rescission and new research and development investments, "we did focus on R&D...

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