For Fiscal Year (FY) 2013, which begins on October 1, 2012, the Obama Administration has requested a base budget of $525.4 billion. This represents a $5.1 billion, or approximately 1 percent, decrease from the FY12 base budget approved by Congress.
In addition, the Administration has requested $88.5 billion for Overseas Contingency Operations (OCO), to continue to fight the wars overseas. This is $26.6 billion decrease from the amount enacted last year, $115.1 billion, and brings the FY13 defense budget request to a total of $613.9 billion.
These numbers do not include nuclear weapons related spending in the Department of Energy (DOE) or other defense related funding. In addition to an initial $613.9 billion for the Pentagon’s base budget and the wars in Afghanistan and Iraq, the Administration has requested approximately $17.7 billion for nuclear weapons activities at Department of Energy and $7.2 billion for additional non-Pentagon defense related activities.
This brings total Pentagon defense related spending to approximately $639 billion, a nominal decrease of about $30.7 billion below FY12, largely due to savings from the war in Afghanistan and the end of the war in Iraq.