Defense Budget and Financial Management

Senate committee approves the FY2017 Defense Authorization bill with major organizational and acquisition reforms

Yesterday, the Senate Armed Services Committee (SASC) approved (23-3) its version of the FY2017 Defense Authorization bill. The bill authorizes force levels, programs, and policies (including military pay raises) for DoD budgets and the programs and policies for the Department of Energy (DoE) nuclear weapons program.  Appropriations bills provide actual funding. SASC Chair Sen, John [...]

OMB issues FY2018 budget guidance to support transition to next administration

Federal agencies will not formally prepare a FY2018 budget in September, according to a memorandum issued last week by Shaun Donovan, Director of the Office of Management and Budget (OMB). Donovan said OMB will “lay the groundwork" for the next budget by gathering “budget and programmatic information from which the incoming administration can develop its budget proposals.” With a [...]

House committee approves FY2017 Defense Authorization bill with more base budget funds and a 2.1 percent military pay raise

The House Armed Services Committee (HASC) today approved (60-2) the FY2017 Defense Authorization Bill (H.R. 4909). The HASC bill authorizes $543.4 billion for the Department of Defense (DoD) and the Department of Energy (DoE) nuclear weapons program. The authorized amount for the base DoD budget would be $523.6 billion, essentially the same as the president's request. HASC [...]

Total cost of DoD major acquisition programs increased slightly in 2015

The total cost of 79 selected Department of Defense (DoD) major acquisition programs increased by $7.0 billion (+.43 percent) in 2015, according to a report issued by DoD last month. The small increase reflects increased planned quantities (+$17.9 billion), higher costs due to engineering changes (+$7.1 billion) and program schedule changes (+$1.3 billon). Offsetting some [...]

House Armed Services Committee set to mark up FY2017 Defense Authorization bill

The House Armed Services Committee (HASC) will begin to mark up the FY2017 Defense Authorization bill on Wednesday, April 20. The HASC markup schedule calls for three subcommittees to mark up on Wednesday April 20: the Military Personnel Subcommittee (11:30 AM); the Tactical Air and Land Forces Subcommittee (1:30 PM) and the Seapower and Projection [...]

Proposed FY2017 House Budget Resolution would cut the deficit by $7 trillion, but increase defense spending

The budget resolution reported out by the House Budget Committee (HBC) on a 20-16 vote would cut the federal deficit by almost $7 trillion over the next 10 years and reach a balanced budget in FY2026, according to the committee. HBC Chairman Rep. Tom Price (R-GA) said the plan would balance the budget through commonsense reforms [...]

House appropriations subcommittee approves FY2017 Military Construction spending bill

Last week, the House Appropriations Military Construction/Veterans Affairs Subcommittee (HAC-MilCon/VA) approved FY2017 funding for Military Construction (included in the total Department of Defense (DoD) budget request) and the Department of Veterans Affairs. The bill now goes to the full appropriations committee for consideration. The MilCon/VA bill is the first FY2017 appropriations bill to advance in [...]

OMB wants to increase agency sharing of custom software

The Office of Management and Budget (OMB) wants to increase agency accessibility of custom software developed for the federal government. Last week OMB released a draft Federal Source Code policy to the public for comment. The proposed policy would “require new software developed specifically for or by the Federal Government to be made available for [...]

Proposed bill would reform DoD civilian hiring process at installations

A bill introduced in the House would improve efficiency in the hiring process at military bases, according to its sponsors Rep, Steve Russell (R-OK) and Markwayne Mullin (R-OK). The Department of Defense Workforce Flexibility Act of 2016 (H.R. 4687) would allow “temporary employees within the U.S. Department of Defense to more easily apply for vacant, permanent [...]

ASMC & Grant Thornton Public Sector Release 2015 Survey of Defense Financial Managers

The American Society of Military Comptrollers (ASMC) and Grant Thornton Public Sector today released the findings of their 2015 survey of Defense financial managers. The 13th annual survey reveals that top concerns for the military financial management community include budgetary pressures, an aging workforce and the ability to sustain auditability. Read the press release here.

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