Industry Advocates Support Senate Committee's Proposed Two-Year Budget Legislation

摘要

Former defense officials now representing industry have indicated support for a new bill movingthrough the Senate that would require the government to work consistently on a two-yearbudget cycle, arguing that it would increase funding stability and resiliency for the Pentagon.The Senate Budget Committee on Wednesday passed a bipartisan bill that would enact overallbudget resolutions over a two-year cycle while retaining current annual appropriations, andincludes a measure that would increase total defense spending to $750 billion for fiscal year2020. The bill’s co-sponsors, committee chair Mike Enzi (R-Wyo.) and Ranking Member SheldonWhitehouse (D-R.I.), hope it will help reduce deficits by more than $538 billion over the nextfive years.