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

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ASMC National News

  • 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 [...]
  • FY2016 DoD Appropriations bill stalls in the Senate
    Senate Democrats moved last week to block consideration of the Senate Appropriations Committee-approved FY2016 DoD Appropriations bill on the Senate floor. A vote to proceed on the bill failed to gain the necessary 60 votes as 49 Republicans and only one Democrat, Sen. Donnelly (D-IN), voted yes. All 45 other voting Democrats voted against the [...]
  • Senate passes FY2016 Defense Authorization bill
    Last week the Senate passed the FY2016 Defense Authorization bill 71-25. Forty-nine Republicans and twenty-two Democrats voted for the bill. Two Republicans (Sen. Ted Cruz and Sen. Rand Paul) joined twenty-three Democrats voting against the bill. The House passed its version of the defense authorization bill in May 269-51. The annual Defense Authorization bill authorizes [...]
  • Air Force announces latest civilian workforce shaping actions
    The Air Force announced the third round of civilian workforce shaping actions to meet the staffing reduction and headquarters organization goals. These actions were planned “to eliminate redundant activities, improve efficiencies, and satisfy previous secretary of Defense direction to reduce management headquarters costs and staff levels by 20 percent,” according to an Air Force press [...]
  • House passes FY2016 DoD Appropriations bill
    Last week, the House passed the FY2016 DoD Appropriations bill, 278-149. The final vote included 43 Democrats voting for the bill and only 5 Republicans voting against passage. The House bill would provide $490.2 billion for the DoD base budget (excluding military construction) and $88.4 billion for Overseas Contingency Operations (OCO) in FY2016. The president [...]
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