The 2016 Defense Budget: It's All About the Budget Caps

The Pentagon's personnel costs are skyrocketing, making budget cuts necessary. But a commission is seeking ways to do that without breaking the military's 'social contract' with troops who served in Iraq or Afghanistan. Commandant of the Marine ...

Getting the balance between fiscal restraint and growth-contracting policy remains a problem Abheek Barua January 28, 2015 Last Updated at 21:50 IST I want to begin my column by expressing my usual dismay at the way the television channels are ...

General Raymond Odierno (Army), Admiral Jonathan Greenert (Navy), General Mark Welsh (Air Force), and General Joseph Dunford (Marines) warned a Senate panel Wednesday of the dangers they see if their services' budgets are cut. Gary Cameron / ...

Reported by Rajeev Lochan Rathan, Bhubaneswar: The 2015 pre-budget consultation was organised by the Finance Ministries at State guest house, Bhubaneswar today. The consultations was conducted in two phases, and in the second phase of discussion, ...

The controversial practice of dynamic scoring is coming to the federal budget process. There is a movement in the policy community to begin charting a path to the best method for implementing the practice, which requires budget scorekeepers to ...

The Health Ministry budget is likely to face a massive Rs 6,000-crore (Rs 60 million) cut on account of non- utilisation of the entire budgetary allocation even as its Minister J P Nadda on Wednesday maintained that no flagship programme will be affected due to the downsizing. Nadda also noted that this was done by the Finance Ministry due to under-utilisation of funds by the agencies concerned, including the states. "But the Health Ministry is not at all affected. No project, flagship ...

The Telangana Assembly on Friday approved the Finance Bill with a budgetary estimate of Rs 1,00,640 crore for the ten-month period of 2014-15 even as Chief Minister Chandrasekhar Rao stressed on the need for "fiscal prudence". The six-month old state received ...

By By | Reuters 5 minutes ago WASHINGTON (Reuters) - The 2016 U.S. defense budget being released on Monday will continue a recent trend of shifting funds from the Pentagon base budget to its supplemental war-funding request, fuelling criticism of ...

President Obama's fiscal 2016 budget to be released Monday is expected to propose $35 billion more in defense funding than the current spending caps would allow, as well as a reduction of 3,500 civilian positions, according to a think tank analyst ...