abstract:Defense offset agreements are legal trade practices in the aerospace and military industries. These commercial practices do not need state regulations but, since the purchasers are mostly military departments of sovereign nations comparable to the US Defense Department, many countries have offset laws, public regulations or, alternatively, formal internal offset policies.
"Any time we are unable or unwilling to offset any of these bills that are making their way through the House floor, any time we are unable to offset that means we are spending the surplus, we are breaking the budget agreement, " said House Budget Chairman John Kasich.