Posted on Sep 1, 2022
Defense industry to launch inflation relief push in Congress
352
25
3
13
13
0
READ OF THE DAY
Defense industry to launch inflation relief push in Congress
By Joe Gould
Sep 1, 10:47 AM
The Capitol in Washington, D.C., is seen from the Tidal Basin at sunset on Aug. 2, 2022. (Colin Demarest/C4ISRNET)
WASHINGTON ― Defense industry associations are laying the groundwork for a lobbying blitz as they seek relief for contractors from inflation.
The push will be focused on shaping the stopgap funding bill known as a continuing resolution that lawmakers are expected to use to keep the government functioning past September. A continuing resolution maintains government funding at current levels ― often straining budgets even without record inflation ― so trade groups hope to modify it.
PO1 William "Chip" Nagel Lt Col Charlie Brown SSG Michael Noll Lt Col John (Jack) Christensen Cpl Vic Burk SGT (Join to see) SGT David A. 'Cowboy' Groth ] Sgt (Join to see) SFC (Join to see) SPC Michael Terrell CPL Douglas Chrysler A1C Medrick "Rick" DeVaney GySgt Jack Wallace SGT Mark Anderson CPL LaForest Gray SFC David Reid, M.S, PHR, SHRM-CP, DTM PV2 Larry Sellnow PO2 Marco Monsalve SrA John Monette SGT Steve McFarland
Defense industry to launch inflation relief push in Congress
By Joe Gould
Sep 1, 10:47 AM
The Capitol in Washington, D.C., is seen from the Tidal Basin at sunset on Aug. 2, 2022. (Colin Demarest/C4ISRNET)
WASHINGTON ― Defense industry associations are laying the groundwork for a lobbying blitz as they seek relief for contractors from inflation.
The push will be focused on shaping the stopgap funding bill known as a continuing resolution that lawmakers are expected to use to keep the government functioning past September. A continuing resolution maintains government funding at current levels ― often straining budgets even without record inflation ― so trade groups hope to modify it.
PO1 William "Chip" Nagel Lt Col Charlie Brown SSG Michael Noll Lt Col John (Jack) Christensen Cpl Vic Burk SGT (Join to see) SGT David A. 'Cowboy' Groth ] Sgt (Join to see) SFC (Join to see) SPC Michael Terrell CPL Douglas Chrysler A1C Medrick "Rick" DeVaney GySgt Jack Wallace SGT Mark Anderson CPL LaForest Gray SFC David Reid, M.S, PHR, SHRM-CP, DTM PV2 Larry Sellnow PO2 Marco Monsalve SrA John Monette SGT Steve McFarland
Defense industry to launch inflation relief push in Congress
Posted from armytimes.com
Congress
Defense
Posted >1 y ago
Responses: 3
8
8
0
SFC Joe S. Davis Jr., MSM, DSL thanks for the Read of the Day.
"How much will the Pentagon spend on defense in fiscal 2023?
President Joe Biden requested $813 billion in national defense spending for fiscal 2023, which is 8 percent over the previous year’s request and 4 percent more than Congress approved. With inflation exceeding 8 percent, Deputy Defense Secretary Kathleen Hicks and other Pentagon officials have acknowledged the military may need more than requested."
"How much will the Pentagon spend on defense in fiscal 2023?
President Joe Biden requested $813 billion in national defense spending for fiscal 2023, which is 8 percent over the previous year’s request and 4 percent more than Congress approved. With inflation exceeding 8 percent, Deputy Defense Secretary Kathleen Hicks and other Pentagon officials have acknowledged the military may need more than requested."
(8)
(0)
4
4
0
0
0
0
When… just when has the defense industry complex ever….just once asked for less. The entire .gov/.mil budget process involves rapid “spend it so we don’t loose it” spending in September.
(0)
(0)
Read This Next
Continue with Facebook 
Continue with Google