Senator: Budget Deal Positive for Defense Industrial Base

Posted October 30, 2015 at 5:43am

National Defense Magazine reports that “the two-year budget deal that was brokered earlier this week and approved by the House of Representatives will provide the Defense Department and industry with better certainty and stability, said one senator Oct. 29.”  

“’I think the best thing we did for the industrial base this week … was doing the two-year budget,’ said Sen. Tim Kaine, D-Va., a member of the Senate Armed Services Committee. ‘I’m a strong proponent of two-year budgets because I think they just give more certainty.’”  

“Giving the Pentagon and the defense industry clear budgets, even if they don’t get the exact funding they want is better than unpredictability, he said during a breakfast meeting with defense reporters.”