House Armed Services Committee Chairman Adam Smith (D-Wash.) has outlined a proposed $733 national security budget for the 2020 fiscal year, falling $17 billion short of the president’s request of $750 billion. These figures include funding for the Pentagon as well as defense-related programs in the Department of Energy and other agencies. The $733 billion is what the administration was originally planning to seek in FY20 before the president decided to increase his request to $750 billion.
The $733 billion proposal is contained in the Chairman’s Mark, which is the baseline document that will be used for the HASC markup during which amendments can be made. The committee markup is scheduled for June 12 at 10:00 am.
Summary of the FY20 Chairman’s Mark
Full Text of the FY20 Chairman’s Mark
The markup process will be streamed live below.
As editor of International Military Markets, North America, Shaun has cultivated a deep understanding of the vast defense markets in the United States and Canada. Shaun's perspective on defense procurement and budget issues has been cited in a variety of defense periodicals, including Defense News and National Defense Magazine. Further, Shaun played an integral role in the development of Forecast International's U.S. Defense Budget Forecast product, which offers an unprecedented level of insight into the Pentagon's acquisition budget. In addition to providing original analytical content for the U.S. Defense Budget Forecast, Shaun oversees an internal defense budget forecasting process involving Forecast International's team of skilled systems analysts following release of the DoD's annual budget request. Shaun is also in charge of managing Forecast International's Weapons Inventory database.
