Articles Tagged 'defense spending'
Nato members increase defence spending by $100 billion after Donald Trump called them ‘delinquents’
Nato states will increase their defence spending by 100 billion dollars in response to Donald Trump’s demands that European allies shoulder a greater financial burden,… READ MORE
Trump commissions USS Gerald R. Ford, calls on Congress to boost defense spending
President Trump commissioned the aircraft carrier USS Gerald R. Ford Saturday, celebrating the newest symbol of American military might as he called on Congress to… READ MORE
Trump budget to boost defense spending by $54B
The Trump administration is proposing a budget it says will increase defense spending by $54 billion and cut non-defense spending by the same amount.
The… READ MORE
After Obama guidance, Lockheed won’t issue layoff notices this year
By Jeremy Herb, The Hill
Lockheed Martin said Monday it will not issue employee layoff notices this year, ending an election-year showdown with the Obama administration.
The company said it based its decision on new guidance issued Friday by the Office of Management and Budget and the Pentagon.
The guidance said the Pentagon did not anticipate killing any contracts on… READ MORE
Defense Spending Bill Causes Stir in Pennsylvania
By Jonathan Strong, Roll Call
Some Pennsylvania Republicans are scrambling to explain their votes for a House spending bill now that it appears a range of Army depots and arsenals could face severe, unanticipated cuts under the legislation.
The Defense Department estimated that 3,000 jobs are in the balance nationwide, and one Member of Congress attributes the surprise cuts to… READ MORE
Obama Puts His Stamp on New Strategy for a Leaner Military
ByÂ ELISABETH BUMILLERÂ andÂ THOM SHANKER, The New York Times
WASHINGTON â€”Â President ObamaÂ has for the first time put his own stamp on an… READ MORE
Armed Services chairman says cuts could mean draft
By Donna Cassata-Associated Press
WASHINGTON â€” The House Armed Services Committee chairman is warning that further reductions to projected defense spending could make a military career so unattractive that it would force the Pentagon to revive the draft.
Rep. Howard P. â€œBuckâ€ McKeon, California Republican, suggested that spending cuts beyond the $350 billion that President Obama and Congress agreed to… READ MORE