Air Force will lose $13 billion in buying power if Congress doesn’t pass 2024 budget

Summary: The Air Force is ringing the alarm bells over a yearlong continuing resolution, estimating that the service would lose as much as $13 billion in buying power before adjusting for inflation, the Air Force’s top official said Wednesday. “[Some of the details] of that are really pretty catastrophic. And I don’t think there’s been enough discussion about some of those impacts,” Kristyn Jones, who is currently performing the duties of the Air Force under secretary, said during the Center for Strategic and International Studies event Wednesday. Under a full-year continuing resolution, the Space Force would face the largest funding gap, losing nearly $2.6 billion in research dollars. The Air Force would lose up to $1.4 billion in research, test, development and evaluation dollars. It would have to cancel 34 construction projects, and the measure would impact seven national security space launches. Learn more about your ad choices. Visit megaphone.fm/adchoices