House Passes FY2016 Budget Conference Agreement

Posted on: May 1st, 2015 by NADO Admin

This week, the House approved a conference agreement on the fiscal year (FY) 2016 budget resolution by a vote of 226 to 197.  Both the House and Senate-passed budgets propose to eliminate the federal deficit within 10 years by cutting trillions in federal spending and not increasing revenue.  The budget plan sets discretionary spending at $523 billion for defense and $493 billion for non-defense programs in 2016, but provides $96 billion for the Pentagon’s Overseas Contingency Operations account.  The Senate is likely to consider the Budget Resolution early next week.

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