New budget deal provides $738B for defense in FY-20, $740B in FY-21

By Tony Bertuca / July 22, 2019 at 7:14 PM
A new, two-year bipartisan budget deal reached by the White House and congressional Republicans and Democrats would set total defense spending for fiscal year 2020 at $738 billion, $12 billion short of the $750 billion sought by the White House and GOP, according to government sources. In FY-19, Congress appropriated $716 billion for defense. Under the new deal, total defense spending would be $740.5 billion in FY-21. The defense toplines include Overseas Contingency Operations spending. Under the deal, the OCO...

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