House Dems offer $733B for defense in 2020 in two-year budget caps deal

Defense News: Lead congressional Democrats have proposed a bill to raise statutory budget caps for two years, with $733 billion for defense in fiscal 2020—but it’s likely to spark a fight with the White House.

The bill released Tuesday re-set spending limits to $664 billion for fiscal 2020 and $680 billion in fiscal 2021, with $69 billion in cap-exempt Overseas Contingency Operations funding in each year.

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