Pentagon Emphasizes 'Continuity' in $849.8B FY25 Budget Request, Amid Political Deadlock
March 13, 2024
Ashley Roque
Breaking Defense
Pentagon Emphasizes 'Continuity' in $849.8B FY25 Budget Request, Amid Political Deadlock
March 13, 2024
Ashley Roque
Breaking Defense
The Biden administration delivered its FY25 budget request to Capitol Hill today and it includes $895.2 billion for national defense coffers. (US Army/Sgt. 1st Class Marisol Walker)
By Ashley Roque, March 11, 2024 / Breaking Defense
WASHINGTON — Even as fiscal 2024 appropriations languish in lawmakers’ hands, the White House today sent Capitol Hill its budget request for FY25, with $895.2 billion in discretionary funds directed towards national defense.
While crafting the request, the Biden administration had constraints: it was working within the budget caps lawmakers approved when they passed the Fiscal Responsibility Act (FRA) last year. That means the Department of Defense’s (DoD’s) portion hovers around $849.8 billion, or about a 1 percent increase over the FY24 request. In real terms, factoring in inflation, department leaders were forced to trim $10 billion dollars from the previous year’s plan.
“You’re gonna see a lot of continuity in this strategy, priorities, goals, programs [and] the topline for that matter: So, continuity more so than surprise,” a senior defense official told reporters March 8 during a budget preview event at the Pentagon.
Read the rest of the article here: https://breakingdefense.com/2024/03/defense-budget-2025-defense-spending-biden-how-much-money-does-the-pentagon-get/
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