Conferees Approve $263.8 Billion in Defense Spending for FY
HOUSE-SENATE conferees completed work on the fiscal year (FY) 1995 defense authorization bill August 10, approving $263.8 billion in budget authority--a total virtually identical to the Clinton administration's original request and a reduction of about 1 percent from the FY94 level (after taking inflation into account).
While the conferees decided to omit several items on which they failed to reconcile differences, the final version maintains the status quo for most strategic weapons programs. The legislation, which goes to both houses for a final vote, also puts the administration on notice that any substantive change to the Anti-Ballistic Missile (ABM) Treaty will require Senate …
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Publication information: Article title: Conferees Approve $263.8 Billion in Defense Spending for FY. Contributors: Not available. Magazine title: Arms Control Today. Volume: 24. Issue: 7 Publication date: September 1994. Page number: 26. © 2003 Arms Control Association. Provided by ProQuest LLC. All Rights Reserved.
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