Pentagon’s Preparing a Budget Plan Exceeding Sequestration Cuts

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The Pentagon expects to submit a five-year budget that will violate mandatory spending caps for the second consecutive year, according to the Defense Department’s comptroller.

The fiscal 2016-2020 budget probably will “once again say ‘here’s what we think we need’ and not submit a budget that is directed at the caps” imposed under the spending cuts known as sequestration, Comptroller Mike McCord said in an interview.