USA—Pentagon Eyes Significant Increase To Contingency Fund In 2020

The U.S. Dept. of Defense is planning to request a major increase to the controversial Overseas Contingency (OCO) account in fiscal 2020, reports Foreign Policy (Washington, D.C.). The plan calls for boosting the OCO from around $69 billion in fiscal 2019 to $150 billion to $175 billion, according to multiple unnamed sources. Entire accounts, such as the Army’s ammunition and training accounts, would be moved from the base budget into the OCO, the sources said. Under the 2011 Budget...