Association of the U.S. Army: Congressional Report Warns of Military Funding Gaps
November 21, 2023
November 21, 2023
ARLINGTON, Virginia, Nov. 21 (TNSres) -- The Association of the U.S. Army issued the following news:
In a new fiscal warning, the Congressional Budget Office forecasts that the $842 billion 2024 defense budget pending before Congress is likely to increase to $922 billion by 2028 because military expenses would rise by 10% over the next five years, at a rate faster than inflation.
The report, "Long-Term Implications of the 2024 Future Years Defense Program," al . . .
In a new fiscal warning, the Congressional Budget Office forecasts that the $842 billion 2024 defense budget pending before Congress is likely to increase to $922 billion by 2028 because military expenses would rise by 10% over the next five years, at a rate faster than inflation.
The report, "Long-Term Implications of the 2024 Future Years Defense Program," al . . .