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Highlights from Today's Fiscal Year 2014 DOD Budget Release

on Wed, 04/10/2013 - 16:06

Today, President Obama released his Fiscal Year 2014 Budget. In spite of the sequester, and under the proposed budget, the Department of Defense will actually see its funding only marginally decrease from the enacted 2012 levels - a drop of $3.9 billion leading to a $526.6 billion allocation for the Pentagon's base budget.  Among the budget highlights are as follows:

  • $96.7 billion for Overseas Contingency Operations in 2013 (primarily meaning ongoing operations in Afghanistan).
  • $95 million to imrpove Guam's infrastructure as part of the ongoing "pivot" to Asia.
  • Funds to support four Littoral