Tag: fiscal policy
2 articles
House Panel Targets Defense Industrial Base in $1.15T Policy Bill
The House Armed Services Committee's draft defense policy bill aims to bolster the Defense Industrial Base, driven by a stark reality: the US no longer has the capacity to rapidly produce war-fighting capabilities at scale. A $1.15 trillion spending plan is on the table, but a separate $350 billion request remains a crucial wildcard.
Pentagon's Space Ambitions Hinge on Fiscal Maneuvers
The Pentagon's ambitious space plans are hitting a fiscal roadblock, as trillion-dollar defense budgets become the new norm, but the usual budgeting tools that make them possible are no longer reliable. Can planners find a way to reconcile ambitious new programs with an uncertain budgeting process?