12 March 2019
The president’s fiscal year 2020 budget request for the Defense Department would reduce procurement of existing systems while increasing research-and-development spending as the Pentagon pursues new technology to take on advanced adversaries.
The Trump administration is asking for $718 billion for the Pentagon, including a whopping $164 billion in overseas contingency operations funding, also known as OCO, and $9.2 in “emergency spending” for border wall construction and post-hurricane reconstruction efforts, according to budget documents released March 12.
The documents note that $98 billion of the OCO funding is for base budget needs. Putting base money in OCO accounts, which aren’t subject to 2011 Budget Control Act caps, is a long standing gimmick that the executive branch and Congress have used in recent years to get around military spending limits.
The proposed topline would be see a $33 billion boost relative to what was enacted in fiscal year 2019, a gain of 4.9 percent in nominal terms and 2.8 percent real growth when accounting for inflation.READ MORE