The defense spending authorization bill for fiscal year 2022 is a big increase from previous years. It's also more than the President originally requested. And compared to recent social spending legislation, the bill passed relatively smoothly.
President Donald Trump heads to upstate New York on Monday to sign one of the largest military budgets in the nation’s history. The $716 billion John S. McCain National Defense Authorization Act pours money into pay, training and equipment maintenance, among other things. But some point out it adds to the fast-rising federal deficit and […]
Of course, the Senate deal has to be approved by the House and signed by President Donald Trump. But, assuming that happens, we wouldn’t have to worry about shutdowns or continuing resolutions until the end of fiscal 2019. So what then would a two-year spending plan mean for the federal government? Click the audio player […]