Pentagon Said to Seek a 20% War-Funding Cut to $51 Billion
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The Pentagon will request about $51 billion in war funding for the fiscal year starting Oct. 1, a 20 percent reduction from the $64 billion Congress approved this year and the least since the Sept. 11 terrorist attacks, officials and congressional aides said.
The Overseas Contingency Operations funding, as it’s known, will be sent to Congress in addition to basic defense spending of about $534 billion when President Barack Obama offers his proposed fiscal 2016 federal budget on Feb. 2, according to the officials and aides, who asked not to be identified before the details are made public.