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Title : The Pentagon Just Got A $28.6 Billion Blank Check
link : The Pentagon Just Got A $28.6 Billion Blank Check
The Pentagon Just Got A $28.6 Billion Blank Check
WASHINGTON: In a sign of how strange the budget process has become, the House Appropriations Committee has approved a defense spending bill that basically gives Secretary Jim Mattis a $28.6 billion blank check. Scattered across seven different accounts in the base and Overseas Contingency Operations budgets, it’s called the National Defense Restoration Fund, and it makes up 4.3 percent of the bill’s $658.1 billion Pentagon budget.
That percentage may seem small, but it’s more than any previous SecDef has had at his discretion. The only requirement? To “notify” Congress 15 days before dedicating the funds to a specific purpose. In theory, that gives legislators time to stop a transfer they dislike, but it would require new legislation, and the Hill just isn’t set up to pass bills on a two-week turnaround. That is, of course, why, historically, almost everything has to go through the annual budget process.
Read more ....
WNU Editor: Wow .... they gave US Defense Secretary Mattis what is essentially a $28.6 billion emergency fund.
WASHINGTON: In a sign of how strange the budget process has become, the House Appropriations Committee has approved a defense spending bill that basically gives Secretary Jim Mattis a $28.6 billion blank check. Scattered across seven different accounts in the base and Overseas Contingency Operations budgets, it’s called the National Defense Restoration Fund, and it makes up 4.3
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percent of the bill’s $658.1 billion Pentagon budget.
That percentage may seem small, but it’s more than any previous SecDef has had at his discretion. The only requirement? To “notify” Congress 15 days before dedicating the funds to a specific purpose. In theory, that gives legislators time to stop a transfer they dislike, but it would require new legislation, and the Hill just isn’t set up to pass bills on a two-week turnaround. That is, of course, why, historically, almost everything has to go through the annual budget process.
Read more ....
WNU Editor: Wow .... they gave US Defense Secretary Mattis what is essentially a $28.6 billion emergency fund.
That percentage may seem small, but it’s more than any previous SecDef has had at his discretion. The only requirement? To “notify” Congress 15 days before dedicating the funds to a specific purpose. In theory, that gives legislators time to stop a transfer they dislike, but it would require new legislation, and the Hill just isn’t set up to pass bills on a two-week turnaround. That is, of course, why, historically, almost everything has to go through the annual budget process.
Read more ....
WNU Editor: Wow .... they gave US Defense Secretary Mattis what is essentially a $28.6 billion emergency fund.
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