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Pentagon Unveils $850 Billion Budget Request Amid Spending Uncertainty

March 12, 2024

Noah Robertson

Defense News

The Pentagon is seen on Sunday, Aug. 27, 2023, in Arlington, Virginia. (Carolyn Kaster/AP)

By Noah Robertson, March 11, 2024 / Defense News

The Pentagon released its fiscal year 2025 funding request, officially beginning one of the most chaotic budget seasons in recent memory.

The top line for national defense is $895.2 billion, and the Pentagon’s share of that will be just under $850 billion. These figures are lower than projected in the request for fiscal 2024, due to a deal struck to avoid a government default.

That deal capped spending for the upcoming fiscal year, amounting to a small drop in defense funding when adjusted for inflation. Hence the inevitable question leading up to this year’s request was what accounts would have to slim down. The answer is mainly those for procurement and research, development, testing and evaluation. The previous year’s ask for those accounts was $315 billion. This year’s is $310.7 billion, and that doesn’t account for inflation.

Read the rest of the article here: https://www.defensenews.com/pentagon/2024/03/11/pentagon-unveils-850-billion-budget-request-amid-spending-uncertainty/

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