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You are here: Home / Government Contracting News / President vetoes Defense authorization bill

October 23, 2015 By AMK

President vetoes Defense authorization bill

President Obama exercised his veto power Thursday (Oct. 22, 2015) for just the fifth time in his presidency, rejecting a defense authorization bill because of the way it would sidestep budget limitations for the military and because it would restrict the transfer of detainees being held at Guantanamo Bay.

The White House said that the National Defense Authorization Act (NDAA) would tap an overseas contingency operations account designed for emergencies and war costs and use it as a “slush fund” to avoid budget restrictions. Those restrictions — known as sequestration — would impose offsetting across-the-board cuts if spending passed certain levels.

“The president believes that the men and women who serve in our armed forces deserve adequate and responsible funding, not through a gimmick or not through a slush fund but one that would — could withstand scrutiny,” White House spokesman Eric Schultz said.

Keep reading this article at: http://www.washingtonpost.com/business/economy/president-to-use-veto-for-only-fifth-time-to-reject-defense-authorization-bill/2015/10/22/58a455a6-78d4-11e5-bc80-9091021aeb69_story.html

Filed Under: Government Contracting News Tagged With: budget cuts, DoD, funding, NDAA, spending controls, veto

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