Four things to know about where in the U.S. DoD spends its money

The Defense Department budget tends to be daunting in size. This year the White House is requesting $750 billion dollars. But they say “all politics is local,” and that money does end up in individual states and counties.

The Office of Economic Adjustment recently released its report on defense spending by state for 2017. Federal News Network collected some of the interesting takeaways that might be right in your backyard.

Continue reading: https://federalnewsnetwork.com/defense-main/2019/03/four-things-to-know-about-where-in-the-u-s-dod-spends-its-money/

An agency-by-agency look at the 2020 budget request

President Donald Trump has released his budget request for fiscal year 2020, and it looks familiar. Deep cuts to civilian agencies are accompanied by a 5 percent increase to defense spending, accomplished through a dramatic expansion to the overseas contingency operations (OCO) fund.

It’s important to note that Congress ultimately determines the federal budget. The President’s budget proposal is just a request that outlines his priorities for the executive branch.

The General Services Administration’s budget request includes $10.2 billion for the Federal Building Fund, a revolving fund that Congress must approve each year.

All numbers are taken from the President’s 2020 budget request.

Continue reading: https://federalnewsnetwork.com/budget/2019/03/an-agency-by-agency-look-at-the-2020-budget-request/