Monday, June 5, 2017

Military wish list for Congress -- $31 billion

The military services have sent Congress their annual "unfunded requirements" lists, known as the military "wish lists". The lists ask for additional planes, ships, tanks and money for training and manpower. President Donald Trump's defense budget, unveiled last month, is seeking a 9.8% increase over the Fiscal Year 2017 request, the wish lists ask for increased spending on top of that. This year, they include big requests: The Army is seeking another $12.7 billion, the Air Force is asking for $10.7 billion, the Navy wants an extra $4.8 billion and the Marine Corps $3.2 billion.