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BUDGET NEWS: Just Getting Started: House Passes NDAA; Senate Version Awaits
On July 14, the House passed H.R. 2810, the FY 18 National Defense Authorization Act (NDAA), by a vote of 344-81. The bill authorizes $696 billion for defense-related programs and sets military policy for the next fiscal year. Specifically, H.R. 2810 provides $592.8 billion for military programs, an increase of $18 billion over the President’s request. It also sets Overseas Contingency Operations (OCO) funding at $74.6 billion, which is not subject to budget caps; however, $10 billion of that amount goes to regular defense programs. The budget cap is for FY 18 is set at $549 billion; therefore the bill exceeds the cap by $43.8 billion ($53.8 billion including OCO funding that should be under regular budget authority).
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