Budget

U.S. Army budget officials on Friday released the full list of 41 program eliminations and 39 program reductions.

Under the Defense Department's budget plan, funds for the European Defense Initiative would be cut to $4.5 billion.

U.S. Army budget officials have released the top 20 programs the service wants to cut to fund future modernization programs.

Some of the programs targeted for reduction had been overfunded by Congress at levels above the military's original request.

It's the second-highest pay raise for troops since 2010.

Lawmakers are hitting back against the Navy's plans to cut shipbuilding over the next several years.

As the global race for hypersonic weapons intensifies, the U.S. just decided to abandon one of its prototype programs.

The VA's budget request for fiscal 2021 totals $243.3 billion -- a dramatic 10% increase from 2020.

Army officials said today that only infantry and armor OSUTs will be funded as part of the Army's fiscal 2021 budget request.

The $178 billion request is $4 billion less than last fiscal year's $182 billion request, according to Army documents.