Cybersecurity

Pentagon's $583 Billion Budget Plan Keyed to Terrorism Threats

  • Increases sought to fight Islamic State, counter Russian moves
  • Spending for fiscal 2017 would increase about $2 billion

Inside President Obama's $4.1 Trillion 2017 Budget Plan

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The Pentagon is proposing a $583 billion budget, about $2 billion more than enacted for this year, with increased funds to combat Islamic State terrorists and counter Russian aggression.

The base defense budget of $524 billion for fiscal 2017 would be supplemented by $59 billion in war-fighting funds under the White House spending plan sent to Congress on Tuesday. Considering inflation, the defense budget would be a slight cut from this year, Bloomberg Government senior defense analyst Robert Levinson said.