$3,300,000,000 goes to Industrial Base Fund grants and purchase commitments
What the document says“$3,300,000,000 for grants and purchase commitments made pursuant to the Industrial Base Fund established under section 4817 of title 10, United States Code.”
The section appropriates a further $3,300,000,000 to the Secretary of Defense for fiscal year 2025, available through September 30, 2029, for grants and purchase commitments made under the Industrial Base Fund established by section 4817 of title 10, United States Code.
What the document actually says“$3,300,000,000 for grants and purchase commitments made pursuant to the Industrial Base Fund established under section 4817 of title 10, United States Code.”
A further $3.3 billion is set aside. It pays for grants and buying deals. Those come out of a fund set up by an older law.
A purchase commitment is a promise to buy. It gives a maker the confidence to build a plant. That older law is not indexed here.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.