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Defense Budget Alert

November 04, 2011 | Inside the Navy
With countless numbers and vague statements about the damage sequestration would do floating around, two House Armed Services subcommittees on Nov. 3 sought to get to the bottom of what the military actually provides and what would be eliminated should the congressional supercommittee charged with finding further federal budget deficit reductions fail to come to a consensus this month.
November 04, 2011 | Inside the Army

Army leaders are thinking through the mechanics of shrinking
the ground service to an as-yet unknown level as talks on Capitol Hill about
the extent of defense budget cuts continue.

November 02, 2011 | Daily News

While the military service chiefs testified today before a House defense committee on the dangers of deep cuts to Pentagon spending, two House Democrats have sent a letter to the debt-reduction supercommittee suggesting ways to wring nearly $600 billion from the Defense Department budget over the next decade.

November 02, 2011 | Daily News

Funding for the Pentagon's entire weapon system modernization program would be decimated in the event additional cuts of $600 billion called for by the sequestration provision of the Budget Control Act are imposed, top brass from the Army, Navy, Air Force and Marines warned lawmakers today.

October 28, 2011 | Inside the Army

With Defense
Secretary Leon Panetta's new directive to see audit-ready "Statements of
Budgetary Resources" from the services by 2014, the Army is in the process of
revising its audit readiness plans to meet the new deadline, according to Mark
Lewis, the service's deputy chief management officer.

October 28, 2011 | Inside the Navy
Members of the House Armed Services Committee, concerned they won't be able to spare the Pentagon from potentially devastating budget cuts, are making some last-minute moves to draw attention to the effects of further defense cuts.
October 28, 2011 | Inside the Navy
Top Marine Corps and Navy officials said at an Oct. 27 House Armed Services Committee hearing that risk will increase and readiness will be reduced for the services if Congress implements further defense budget cuts.
October 28, 2011 | Inside the Navy
PANAMA CITY, FL -- A Navy budget official said here last week that a strategy group is currently figuring out the Navy's financial plan as it faces $10 billion to $20 billion in cuts, and he put out a warning to program officials that failure to execute could result in losing resources.
October 27, 2011 | Inside the Pentagon

The Pentagon is considering cutting the size of the Army and Marine Corps to pre-9/11 levels to slash security spending in the coming years, according to sources tracking the deliberations.

October 21, 2011 | Inside the Army

The Army
hopes to realize $5.5 billion in annual savings by fiscal year 2016 through a
far-reaching overhaul of how the service manages its more than two million
military, civilian and contractor personnel, according to a previously
unreported memo issued by Secretary John McHugh this summer.

October 20, 2011 | Daily News

The Air Force is preparing for its share of the $450 billion in budget reductions mandated by Washington lawmakers, but the service will be able to find only a tiny portion of that by looking for further efficiencies in its operations, Air Force Secretary Michael Donley said.

October 20, 2011 | Inside the Pentagon

To improve transparency and accountability of the Defense Department's books, Defense Secretary Leon Panetta has accelerated a key audit-readiness milestone to 2014 and called for a revised plan to ensure defense officials meet their congressionally mandated audit deadline.

October 20, 2011 | Inside the Pentagon

The House Armed Services Committee's letter to the debt-reduction supercommittee telling the 12 lawmakers to leave the Pentagon's budget alone in the quest to find $1.5 trillion in savings contained the signatures of 32 of the committee's 35 Republicans.

October 18, 2011 | Daily News

The Army wants Congress to restore nearly $1 billion in canceled funding for a host of major acquisition programs, including the Joint Light Tactical Vehicle, which was terminated by Senate appropriators last month, according to government documents.

The Army is appealing to Congress for nearly $80 million in fiscal year 2012 for the JLTV after the Senate Appropriations Committee -- citing cost growth and changing requirements -- zeroed out the program's $172 million request in its version of the fiscal year 2012 defense-spending bill.

October 17, 2011 | Daily News

Gen. Martin Dempsey, the chairman of the Joint Chiefs of Staff, has reached beyond the stable of three-star generals on the Joint Staff and tapped Lt. Gen. Robert Schmidle, a Marine who assisted this summer with Dempsey's transition from Army chief to the Pentagon's No. 1 military billet, to fill a temporary position with enormous influence over how DOD will cut $450 billion over the next decade.

October 14, 2011 | Daily News

If Congress fails to agree on a long-term deficit reduction plan, the massive cuts that would follow would be "devastating" to the defense industrial base and prompt a "fundamental rethinking of our industrial strategy," according to a senior Pentagon official.

October 13, 2011 | Inside the Pentagon

House and Senate lawmakers have denied more than $2 billion of a $9 billion reprogramming request the Defense Department made over the past several months, including hundreds of millions of dollars for overruns in the troubled F-35 Joint Strike Fighter program.

October 12, 2011 | Daily News

The Pentagon has established a new high-level council -- the "Strategic Choices Group" -- to provide a strategic policy framework for deliberations over how to cut more than $450 billion in planned spending over the next decade, according to Defense Department officials.

October 03, 2011 | Daily News

The Defense Department has forfeited $84 million in funds authorized in fiscal year 2011 to train and equip foreign forces rather than proceed with assisting select Middle Eastern nations affected by the wave of revolutions across the Arab-speaking world, according to a Pentagon spokesman.

September 29, 2011 | Inside the Pentagon

The Defense Department is launching its FY-14 budget process with an eye on shrinking resources as Congress debates the Pentagon's fiscal year 2012 budget request and DOD's FY-13 budget plans hang in limbo amid deliberations surrounding the federal deficit.

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