The House and Senate proposed Fiscal Year 2024 National Defense Authorization Acts (FY24 NDAA) are set for floor adoptions, a summer of intra-chamber conferencing, and hopeful adoption by late September.
Both proposed FY24 NDAAs, or next fiscal year’s national defense budget, reflect the same $886.3 billion top-line figure submitted by President Joe Biden in March but jockey monies around.
In the broadest of strokes, the Senate version earmarks $876.8 billion in defense spending while the House’s version outlines $874.2 billion, with both plans estimating varied non-defense appropriations to come to the top-line $886.3 billion requested by the administration and the Pentagon.
Both plans authorize a 5.2-percent pay raise for service members, increase funding for a second Virginia-class attack submarine to be ordered in the same in annual procurement cycle, sustain a 31-ship amphibious force, and increase funding for retaining F-15s and F-16s….