McCain, Thornberry Decry Trump Pentagon Budget Boost
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WASHINGTON: President Donald Trump is pledging “an historic increase in defense spending” of $54 billion to $603 billion for the fiscal 2018 budget, but neither Congressional Republicans nor defense budgets experts were very impressed at first glance. “Such a budget request would represent an increase of $18.5 billion above the level proposed by President Obama for fiscal… Keep reading →
Mattis Puts Readiness First, Modernization Later In Budget
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WASHINGTON: Defense Secretary Jim Mattis has laid out a measured and cautious spending plan that puts near-term readiness needs first in his first budget guidance memo. The memo, out this morning, largely defers major equipment modernization until 2019 and limits increases in the size of the force to “the maximum responsible rate” (emphasis ours). So,… Keep reading →
Mattis Orders Air Force One, F-35 Reviews As Trump Opens Door To $60B DoD Budget Boost
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WASHINGTON: After weeks of uncertainty and mounting evidence that only larger deficits were the path to a significant boost to the US military, President Trump has signaled the fiscal spigots will be opened in the interests of a larger and more capable US military. “I think it’s significant in signaling this is a priority among the… Keep reading →
Trump’s ‘Debt Bomb’: Deficit May Grow, Defense Budget May Not
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WASHINGTON: “Trump is going to explode the debt,” GOP pundit Mackenzie Eaglen said. “What you’re going to see is a debt bomb.” While the new president wants to grow the military, rebuild infrastructure, and cut taxes, Eaglen said, his plan to fund all that that through steep domestic spending cuts “is complete fantasy” that will… Keep reading →
Trump’s Pentagon, Trump’s World; Defense Stocks Soar
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WASHINGTON: Hope for the best; prepare for the worst. It’s a standard military prescription for dealing with a sometimes hostile and usually unpredictable world. It’s also what an African-American chum told me this morning was his plan for life under President Trump. This guy is a fellow Chicagoan and Cubs fan, so he knows how to… Keep reading →
What Election Will Mean For The Defense Budget
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No one has done a better job of predicting the final outcomes of deals on the defense budget since sequestration was made law than Mackenzie Eaglen of the American Enterprise Institute. So we asked her to predict what this election will mean to the 2018 defense budget. With the election tomorrow, we couldn’t think of a… Keep reading →
Robot Boats, Smart Guns & Super B-52s: Carter’s Strategic Capabilities Office
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WASHINGTON: Arsenal plane. It’s a great name, no? And the Hyper Velocity Projectile. Whoa. Fast flying swarming micro drones. Neat! There’s much more being developed, but it’s classified. Where is all this coming from? The Strategic Capabilities Office, or SCO for short. Defense Secretary Ash Carter talked up the new office in his 2017 budget preview speech… Keep reading →
Air Force F-35 Buy Trimmed? While Navy Model Boosted
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WASHINGTON: Frank Kendall signaled in December that the F-35 was no longer immune from budget cuts and it looks as if he knew what he was talking about. The story out this afternoon is that five Air Force F-35As will be cut from the fiscal 2017 budget request. Mackenzie Eaglen said at a Brookings Institution… Keep reading →
SASC, HASC Want More DoD $$ For 2017; Odds Are Long
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WASHINGTON: The budget deal setting spending levels for 2016 and 2017 is less than a month old, but pro-defense legislators already want to revisit. A top aide to Sen. John McCain said the Senate Armed Services Committee chairman and his allies will “absolutely” try to revise the 2017 Pentagon topline upward. But our sources —… Keep reading →
Budget Deal: Mackenzie Eaglen Told You So
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The newly negotiated budget deal for the next two years is very good news, particularly for the US military and Pentagon planners. The defense budget will be funded close to the President’s request this year, there is no threat of a havoc-wreaking long-term continuing resolution, and there is predictability in funding levels for next year.… Keep reading →