Sentences with phrase «defense spending cap»

On discretionary (appropriated) spending, the budget would adhere to the current defense spending caps through 2021 and growing with the CBO baseline thereafter.

Not exact matches

While the House recently approved defense spending of $ 621.5 billion and the Senate approved $ 632 billion for 2018, a 2011 budget law caps military and defense spending at $ 549 billion.

The budget would also zero out the Overseas Contingency Operations (OCO) account and cap exempt nondefense spending, placing the defense funds in the base defense category and eliminating the nondefense OCO funds.

For Immediate Release Senate leaders have agreed to a massive budget deal raising the defense and nondefense spending caps for two years, increasing...

After all, what would you rather have: Khalil Mack (eating $ 25 million per year in cap space) or Myles Garrett, 3 picks in the top 10 this year (all will be immediate impact players filling our holes on offense and defense of course), AND an extra $ 25 million in available cap space to spend on three upper - echelon guys at DT, ILB, and DB.

President Obama's former defense secretary, Leon Panetta — a defense - cutting budget hawk when he served in Congress — has called sequestration's defense - spending caps «catastrophic,» «a disaster,» and a «a goofy meat - ax approach» that will «hollow out» the military.

To cut a long - term spending deal, Democrats are pushing for an equivalent increase in both defense and nondefense funding above the spending caps set under a 2011 budget agreement - one similar to agreements reached in 2013 and 2015 to raise the caps for the following two years.

That's because the omnibus sets defense spending at $ 621.5 billion, approximately $ 72 billion above the spending caps mandated by the Budget Control Act.

As explained last month, violating the caps would trigger a sequestration: across - the - board cuts to force defense spending back down within the caps.

Congressional defense hawks initially sought to bulk up the OCO budget as a means to get around the spending caps.

In contrast, most Democrats and some Republicans want the caps lifted so they can spend more on both defense and civilian programs.

The bipartisan deal raises the caps on defense and nondefense discretionary spending by nearly $ 300 billion overall.

[1] Legislators have also sparred over whether to use war funding to get around the current spending caps (see the Department of Defense section below).

In 2018, that cap is $ 549 billion for discretionary defense spending, $ 54 billion below Trump's plan.

The assorted cuts described above and below are facilitated by changes to the current discretionary spending caps, which dictate the size of annual appropriations each year, and which contain nearly all defense and nondefense science and technology investments.

As I detailed in last year's Climate Shift report, Robertson, who has a net worth of $ 2.2 billion, gave the Environmental Defense Fund more than $ 40 million between 2005 and 2009 to support the group's efforts to pass cap and trade legislation, accounting for almost one - third of the $ 144 million that EDF spent on climate change during the period.

As part of the estimated US$ 45 million buyout, Luminant settled a series of lawsuits with Environmental Defense and the Natural Resources Defense Council and agreed to cancel 8 of its planned 11 new Texas coal - fired power plants as well as several new coal - fired plants in Pennsylvania and Virginia, back federal legislation to create a cap - and - trade system regulating CO2 emissions, and double spending on energy efficiency.