OCO

  • The President rejected the fiscal 2016 Defense Authorization bill. The $612 billion legislation included a 1.3 person pay raise, a new retirement system, and overhaul of the acquisition process.

    October 22, 2015
  • Pentagon officials are adamant that sequestration-level spending is incompatible with the current Defense strategy. But, they also have serious concerns with the plan House Republicans released this week to boost Defense funding, saying it would limit their options and keep the military in a state of budget uncertainty.

    March 20, 2015
  • The Army's budget request details a branch in transition, from both a military and financial perspective.

    February 05, 2015
  • The Defense Department's overseas contingency budget might survive the end of military operations in Iraq and Afghanistan. Wednesday, two of the Pentagon's top civilian and uniformed leaders asked the House Armed Services Committee to keep authorizing an OCO budget even after the U.S. finishes the draw-downs in the region. DoD's latest OCO request came late in the year, and it's less than Congress anticipated. The House set aside $79 billion for OCO funding when it passed DoD's baseline budget for fiscal 2015, but now the Pentagon is only asking for about $59 billion. Todd Harrison is senior fellow for the Center for Strategic and Budgetary Assessments. He explained how the budget deliberations on Capitol Hill might unfold on In Depth with guest host Jared Serbu.

    July 17, 2014
  • Robert Work, the new deputy defense secretary, told members of the House Armed Services Committee that the Defense Department will experience a two-year trough in readiness as it resets its force,

    July 16, 2014
  • The Office of Management and Budget has reiterated to lawmakers that the automatic, across-the-board budget cuts known as sequestration will apply to wartime funding. In a June 15 letter, to Rep. Buck McKeon, the chairman of the House Armed Services Committee, Office of Management and Budget Acting Director Jeff Zients wrote that the Budget Control Act allowed no "flexibility" to exempt Overseas Contingency Operations (OCO), from sequestration.

    June 22, 2012