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US to expand control of land sales to foreigners near military sites
New Treasury Department rulemaking would expand a little-known committee's jurisdiction to review land sales near 56 additional military sites.
Felony convictions of 5 retired officers dismissed in Fat Leonard case
A federal judge dismissed the felony convictions of five retired officers who'd admitted accepting bribes in one of the Navy’s biggest corruption cases.
Pentagon asks Congress for Indo-Pacific Security Assistance Initiative
The program, modeled after a similar initiative for Ukraine, includes a $500 million funding request to arm Taiwan and other regional partners.
House moves ahead on authorization, appropriations bills this week
Defense and veterans hearings on Capitol Hill for the week of May 20, 2024.
US announces $2 billion to help Ukraine make its own weapons
Ukraine can use the $2 billion in Foreign Military Financing to help grow its own defense industry, potentially via co-production with U.S. companies.
House defense bill retains spending caps, creates DoD talent officer
The draft bill adheres to congressional spending caps, establishes a talent management office and limits nuclear arsenal reductions.
Senate defense panel faces uphill battle in ditching debt ceiling caps
A bipartisan push to grow the FY25 defense budget beyond the debt ceiling caps faces strong headwinds in the Senate and House.
Opinion
Congress should approve Pentagon’s latest multiyear procurement pitch
Why aren’t block buy and multiyear purchases used much more often by the Defense Department?
By Mackenzie Eaglen
Senators wary of VA plans to trim employee numbers
VA leaders have said they plan to trim about 10,000 department posts in fiscal year 2025 in an effort to better manage their workforce.
Medicare, Social Security go-broke dates pushed back by strong economy
Medicare’s go-broke date for its hospital insurance trust fund was pushed back five years to 2036, Social Security’s trust funds run into trouble in 2035.
By Fatima Hussein and Tom Murphy