House Floats $982B Spending Bill Amid Sequester

Law360, New York (March 4, 2013, 8:25 PM EST) -- Defense operations could get funding support even amid the sequestration budget cuts that took effect Friday if a $982 billion spending bill the House Appropriations Committee chairman proposed Monday materializes.

The proposed bill, H.R. 933, offers $518.1 billion in nonwar defense funding, roughly $2 billion above what President Barack Obama sought, and an amount that maintains 2012 levels, according to House Appropriations Chairman Hal Rogers, R-Ky., who introduced the bill. According to the bill, many of its funding provisions are subject to the sequester.

The proposed...
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