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Check out the financial news on the ASMC National Headquarters links below.

Welcome to the ASMC Ozark Chapter


ASMC National News

  • CBO projects FY2015 deficit will drop to $426 billion
    The FY2015 baseline federal budget deficit is expected to be $426 billion, according to the Congressional Budget Office’s (CBO) latest Update to the Budget and Economic Outlook. CBO baseline estimates assume a continuation of current law for both expenditures and revenue. This latest CBO estimate of the FY2015 deficit represents a $60 billion improvement from [...]
  • GSA sets higher Per Diem rates for federal employees
    The General Services Administration (GSA) has announced the daily Per Diem reimbursement rates for federal employees in FY2016. These rates are the maximum amounts a federal employee can receive as reimbursement for allowable expenses while on official duty travel. GSA sets per diem rates for locations in CONUS.  Per Diem rates in Standard areas in the [...]
  • OMB signals intent to exempt Military Personnel accounts from potential sequester in FY2016
    The Office of Management and Budget (OMB) has notified Congress that Military Personnel accounts will be exempt from across-the-board cuts if sequestration is implemented in FY2016. In a letter to the House and Senate this week, OMB Director Shaun Donovan said the president intends “to exempt all military personnel accounts, including Coast Guard personnel accounts, [...]
  • Navy chief issues Navigation Plan for 2016-20
    ADM Jonathan Greenert, Chief of Naval Operations (CNO), issued the Navy’s Navigation Plan for 2016-20 that describes how the Navy will use its resources to sustain a “balanced and capable force.” The Navigation Plan, Greenert said “highlights our Navy’s key investment’s which support missions and functions outlined in the defense strategic guidance (DSG), Sustaining U.S. [...]
  • Gen. Dunford confirmed as Chairman of the Joint Chiefs of Staff
    The Senate confirmed Gen. Joseph F. Dunford Jr., USMC, to be the 19th Chairman of the Joint Chiefs of Staff (JCS) last week before adjourning for the summer recess. Dunford will replace Gen. Martin Dempsey. Dunford was nominated by President Obama in May to replace current CJCS Gen. Martin Dempsey when his term ends later [...]
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