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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

  • OMB Mid-Session Review projects improvement in new-term budget deficit
    The FY2015 federal budget deficit will be $128 billion lower than the previous administration estimate, according to the Office of Management and Budget (OMB). In its annual Mid-Session Review of the Budget, OMB now expects the FY2015 deficit to be $455 billion compared to $583 billion projection made when the FY2016 budget was released in [...]
  • House Committee approves FY2016 Coast Guard funding
    Last week, the House Appropriations Committee (HAC) approved FY2016 appropriations for the Coast Guard, which are included in the Department of Homeland Security appropriations bill. This marks the 12th and final FY2016 appropriations bill approved by the House Appropriations Committee (HAC). HAC chairman Harold Rogers (R-KY) said, “all committee work on funding measures [for FY2016] [...]
  • Army reveals plan to reduce force structure and cut 40,000 troops
    Last week the Army announced its plan to further reduce force structure in 2016 and 2017 and cut troop strength by another 40,000 by 2018. The plan would also involve the reduction of 17,000 army civilian employees. Force structure cuts “will best posture a smaller Army to meet global commitments,” according to a press release. [...]
  • National Military Strategy 2015 released by JCS
    The Joint Chiefs of Staff (JCS) has released the 2015 National Military Strategy describing how the U.S. will use its Joint Force to meet current and future security challenges presented in an increasingly complex global security environment. Describing the current security environment, Gen. Martin Dempsey, Chairman of the Joint Chiefs of Staff (JCS), said “we [...]
  • U.S. military operations against ISIL costing $9.2 million per day
    The cost of U.S. military operations in Iraq and Syria (Operation Inherent Resolve) against the Islamic State of Iraq and the Levant (ISIL) reached $2.91 billion in June 2015, the Department of Defense (DoD) reports. This averages out to $9.2 million a day since August 8, 2014, up slightly from last month’s report. DoD reports [...]
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