As Congress readies a stopgap spending measure this week, the defense industry is girding for a long-term funding patch that could delay both new procurement programs and needed fiscal certainty into next year.
U.S. State Department officials defended Secretary of State Mike Pompeo’s firing of the agency’s independent watchdog, telling angry lawmakers that it had nothing to do with a probe of U.S. arms sales to Saudi Arabia and the United Arab Emirates.
Former Vice President Joe Biden said this week that, if elected president, he doesn’t foresee major reductions in the U.S. defense budget as the military refocuses its attention to potential threats from “near-peer” powers such as China and Russia.
A bipartisan compromise and vote on the 2021 defense policy bill isn’t likely before the Nov. 3 elections―but it should come “quickly” afterwards, the House Armed Services Committee’s top Republican said Wednesday.
Senate Majority Leader Mitch McConnell has introduced and set up a floor vote for a leaner Republican coronavirus relief bill, but it does not contain the billions of dollars the defense industry has sought to diffuse the economic impact of the pandemic.