House Budget Boosts Defense Spending in Off-Budget Account

Posted March 26, 2015 at 5:20am

After a complicated series of votes, Politico reports House Republicans successfully produced a budget that “includes $20 billion in military spending beyond what the Budget Committee had approved last week.”  

Reuters has more on the defense spending portion: “The winning budget proposes to add $38 billion to an off-budget war funding account above the amount requested by President Barack Obama without any offsetting savings. House Armed Services Committee Chairman Mac Thornberry said the added war funding was a placeholder for future negotiations to ease ‘sequester’ budget constraints enacted in 2011.”