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US Treasury Plans to Starve Russia’s ‘War Machine’

US Treasury Plans to Starve Russia’s ‘War Machine’

WASHINGTON — The United States is ramping up sanctions against Russia to deprive Moscow’s “war machine” of money and components needed to sustain its invasion of Ukraine, but curbing a main source of funding, Russian energy exports, will take time, U.S. Deputy Treasury Secretary Wally Adeyemo told…
Pentagon Chief Lays Out Reasoning Behind FY23 Budget Request

Pentagon Chief Lays Out Reasoning Behind FY23 Budget Request

At $773 billion, the fiscal 2023 Defense Budget Request is huge, but that doesn’t mean that painful choices are not necessary, defense leaders told the Senate Armed Services Committee today.

A case in point is divestiture of capabilities no longer needed as the National Defense Strategy changes.

F-35 Availability Increasing, But Flight Hours Declining: CBO

F-35 Availability Increasing, But Flight Hours Declining: CBO

Complementing earlier research by the Congressional Budget Office, this report examines the availability and use of the Department of Defense’s (DoD’s) F-35 fighter aircraft. The F-35 has three variants: the F-35A, operated by the Air Force; the F-35B, operated by the Marine Corps; and the F-35C, op…

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