U.S. House approves $696 billion budget for PentagonStaff Writer | July 15, 2017
The House passed the $696 billion 2018 National Defense Authorization Act on Friday with a bipartisan vote of 344 to 81.
Defense The Act faces a number obstacles
The bill also includes $75 billion in Overseas Contingency Operations funding, with $10 billion of the OCO funds being earmarked for base items, such as $6 billion for shipbuilding.
The Act faces a number obstacles if it is to be be passed due to the Budget Control Act of 2011 and sequestrion, whch sets a cap on base defense spending at $549 billion.
Without revision or repeal of the caps, the proposed base budget would be $72 billion higher than authorized by law. ■