Federal budget to be released mid-March, Pentagon budget expected to be nearly $750 billion
WASHINGTON – The Pentagon budget for fiscal year 2020 is expected to be released, along with the rest of the federal budget request, beginning on March 11; the Department of Defense (DOD) is expecting a spending plan in the range of $750 billion. Space War reports.
The Military & Aerospace Electronics take:
11 March 2019 -- Although no formal announcement has been made, White House officials notified legislators that summaries of President Donald Trump's message and top priorities will be released on March 11 or 12. Details of the budget, including the full DOD spending proposal, are expected in mid-March.
A $733 billion defense budget had been planned for fiscal year 2020 until Trump announced in October that it would be held to $700 billion. In December, Trump cited a $750 billion figure.
The higher figure is expected to be the Pentagon's working budget, which includes the agency's base budget and funds used for overseas contingency operations, which has been used in recent years to fund war efforts.
John Keller, chief editor
Military & Aerospace Electronics
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