Defense/ Budget
The Pentagon is seeking an increase of $20.4 billion, or 13 percent, for
weapons and research as President Barack Obama begins a push to remove defense
budget caps that would force cuts in spending instead.
The Defense Department blueprint for the year that begins Oct. 1 calls
for $177.5 billion in procurement and research spending. It includes funds to
replenish weapons used in Iraq, Syria and Afghanistan, from Lockheed Martin
Corp.’s Hellfire missiles to tactical wheeled vehicles made by Oshkosh Corp.
Obama will call for an end to sequestration, the automatic spending cuts
that apply to both defense and domestic programs, in a speech to House
Democrats on Thursday. Pentagon spending is popular with many Republicans and
spread across hundreds of congressional districts.
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