What should you be doing right now?
- Confirm your FY17 appropriation survived the House-passed bill last week
- Determine if any of your prior funding (FY15-16) suffered a rescission
- Confirm the status of your program(s) in the FY17 supplemental
- Maintain communication with your government customer; they know what they submitted for FY18 and should be revealed in May
- Recognize that your government customer is working diligently on FY19 and FY20 planning today; engage now
What You Need to Know…
Senator Thad Cochran (R-Mississippi), Chairman of the Senate Appropriations Committee and Chairman of the Defense Subcommittee in Appropriations
President Trump’s skinny budget (the broad outline of a budget) for FY18 was delivered to Congress last week. It would remove $15B from non-defense programs while adding $54B to DOD, DHS and some security portions of DOE. The “pay-fors” of the $54B equate to serious cuts in several remaining agencies. OMB Director Mulvaney made his position clear that this budget requires difficult discretionary spending cuts to help shift funds towards the new White House vision; a vision much more aligned to “hard power.”
The FY18 defense budget blueprint looks to bring $639B to defense with a $574B base budget, and an additional $65B in OCO funding. Specific details for the defense blueprint will likely not be available until May when they are delivered to Congress.