Pentagon budget drops 2.3% in FY '98, delays modernization hike

The Dept. of Defense today will request a fiscal year 1998 budget of $250.7 billion, a 2.3% drop from the FY '97 budget. The overall national defense budget, including the Energy Dept., totals $265.3 billion. The budget being sent to Capitol Hill delays the ramp-up in modernization spending and...

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