Senate Committee Passes $631B Defense Budget

Law360, New York (May 24, 2012, 10:58 PM EDT) -- A U.S. Senate panel on Thursday unanimously approved a $631.4 billion defense budget for 2013 that emphasizes greater energy independence, supports additional high-definition intelligence and surveillance activities and aims to limit contractor use and pay.

The Senate Armed Forces Committee’s version of the National Defense Authorization Act falls closely in line with the president’s proposed budget and makes a firm stance against the U.S. House of Representatives version approved last week, which was $4 billion more than the administration requested.

The bill authorizes $525.8 billion for...
To view the full article, register now.