Browsing articles by " Jake Grant"

Congress Approves New Budget Deal

Late last week, as government funding was quickly expiring, the House and Senate passed a budget deal boosting spending by hundreds of billions of dollars. The legislation, which was signed by President Trump, raised the cap on defense discretionary spending by $80 billion for fiscal year 2018 and $85 billion in 2019. Including additional funds for overseas […] Read More >>

The Pentagon will be audited in 2018

  The Pentagon has announced that in 2018, there will be a financial audit of the Department of Defense, the first one in its history. The Defense Department’s comptroller, David L. Norquist, said that “Beginning in 2018, our audits will occur annually, with reports issued Nov. 15.”   2,400 auditors will carry out the duties, going […] Read More >>

White House Will Continue Cost-Sharing Payments

  It was rumored that the Trump Administration would end the cost-sharing reduction payments to health insurers after Congress failed to pass legislation repealing and replacing the Affordable Care Act. Now, a White House spokesman has confirmed that the payments will continue in August.   These payments are made to insurance companies to subsidize lower […] Read More >>