Sunday, May 10, 2009

U.S. - No Surprises As DoD’s $664 Billion FY10 Budget Request Cuts Programs / DoD Releases Fiscal 2010 Budget Proposal

U.S. - No Surprises As DoD’s $664 Billion FY10 Budget Request Cuts Programs / DoD Releases Fiscal 2010 Budget Proposal
(NSI News Source Info) WASHINGTON - May 11, 2009: President Barack Obama today sent to Congress a proposed defense budget of $663.8 billion for fiscal 2010.
The budget request for the Department of Defense (DoD) includes $533.8 billion in discretionary budget authority to fund base defense programs and $130 billion to support overseas contingency operations, primarily in Iraq and Afghanistan.
The Super Hornet is the only combat jet to emerge unscathed from the FY10 budget, which includes $2.9 billion to buy 31 F-18E and EA-18Gs. (US Navy photo)
The proposed DoD base budget represents an increase of $20.5 billion over the $513.3 billion enacted for fiscal 2009. This is an increase of 4 percent, or 2.1 percent real growth after adjusting for inflation.
The fiscal 2010 budget proposal will end the planned use of supplemental requests to fund overseas operations, including Operation Iraqi Freedom and Operation Enduring Freedom.
The inclusion of these expenses as a separate category in the department’s annual budget request will ensure greater transparency and accountability to Congress and the American people.
The budget will also request funds in the base that were previously in supplementals for programs such as those supporting our military families and providing long-term medical care to injured service members.
“This budget provides the balance necessary to institutionalize and finance our capabilities to fight the wars we are in today and the scenarios we are most likely to face in the years ahead, while at the same time providing a hedge against other risks and contingencies,” said Defense Secretary Robert Gates.

No comments: