Final 2024 bill grants DoD some extra budget flexibility
Podcast: Federal Drive with Tom TeminPublished On: Fri Mar 22 2024
Description: It’s almost six months late, but the final Congressional agreement to fund the rest of the federal government for 2024 would deliver $825 billion to the Defense department while also adding a bit of budget flexibility that could help DoD deal with late appropriations and other mid-year surprises in future years. The process changes stop short of what the department and reform advocates have been asking for, but would grant more authority for the department to move money around within its accounts without getting explicit permission from Congress — so-called "below threshold" reprogrammings. As of now, only $10 million at a time can be internally reprogrammed inside DoD’s procurement, operations and maintenance, R&D and military personnel accounts. The new bill raises those thresholds to $15 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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