Reuters: U.S.

Sunday, February 18, 2018

News Alert: Pentagon budget euphoria could be short-lived

 
 
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Pentagon budget euphoria could be short-lived
The Pentagon is on cloud nine with a major cash infusion on the way, but that euphoria could be short-lived.

After years of fighting, the Pentagon emerged victorious with a budget deal last week that gives defense spending a $165 billion hike over budget caps for the next two years.

It's a huge figure for a department that for years has argued it has been short-changed by the sequester -- spending ceilings imposed by an Obama-era budget deal that curbed defense spending.
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