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Monthly Treasury Statement Tells Defense Story

The Monthly Treasury Statement covering the first half of the federal government’s 2015 fiscal year shows that Department of Defense spending decreased slightly to $285 billion compared to the same period in FY 2014. The majority of the decline resulted from a drop in personnel and procurement spending whereas O&M increased to $120 billion. The current Monthly Treasury Statement can be viewed at http://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/current.htm

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