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Defense Budget Alert

November 29, 2011 | Daily News

Cuts to military spending required by sequestration under the Budget Control Act would be drawn in part from unobligated prior-year balances, which could put at risk more than $8 billion appropriated for major weapon system acquisition in fiscal years 2011 and 2012, according to federal budget experts.

November 23, 2011 | Inside the Navy
The Navy may not know yet what specific cuts it will need to make as a result of the congressional supercommittee failing to reach an agreement and allowing automatic across-the-board cuts to the Pentagon to go into effect, but the service argues that it will necessarily result in reduced readiness.
November 23, 2011 | Daily News

The Pentagon should come up with its own plan for cutting back the defense budget or face across-the-board cuts to all of its accounts when "sequestration" kicks in in January 2013, said Todd Harrison, senior fellow at the Center for Strategic and Budgetary Assessments.

November 23, 2011 | Daily News

Defense Secretary Leon Panetta is summoning top brass from around the world for a high-level meeting with Pentagon leaders to contemplate the consequences of huge spending cuts to the military budget over the next decade.

On Nov. 30, Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, is scheduled to meet in the Pentagon with the combatant commanders and the service chiefs, a prelude to a Dec. 1 "Large Group Plus" meeting of senior uniformed and civilian officials, which will be led by Defense Secretary Leon Panetta.

November 18, 2011 | Inside the Navy

The House of Representatives will start reexamining its fiscal year 2012 defense authorization bill soon after Thanksgiving, House Armed Services readiness subcommittee Chairman Randy Forbes (R-VA) told Inside the Navy last week. House lawmakers hope to counter the recently passed Senate bill that Forbes contends went too far in cutting Pentagon programs.

November 18, 2011 | Daily News

The Pentagon will shrink the Marine Corps "well below" the service's desired level of 186,800 troops, but the service will remain capable of handling its missions, Marine Commandant Gen. James Amos said today.

November 17, 2011 | Daily News

The Defense Department could have unintentionally shot itself in the foot by seeking internal efficiency savings before Congress enacted a debt-reduction law designed to cut hundreds of billions of dollars from Pentagon coffers, a defense official said today.

November 15, 2011 | Daily News

Sequestration cuts would hammer the Defense Department's top weapons programs, including the Joint Strike Fighter, the Littoral Combat Ship and the Air Force's new bomber, Defense Secretary Leon Panetta told lawmakers today.

November 11, 2011 | Inside the Navy
PANAMA CITY, FL -- The Navy and Marine Corps have looked at the possibility of combining acquisition commands within the services in order to increase efficiency as the Pentagon enters an era of tighter budgets, Capt. Dietrich Kuhlmann, director of the operations division for the assistant secretary of the Navy for financial management and comptroller, said here recently.
November 08, 2011 | Daily News

As the Defense Department moves to cut security spending by hundreds of billions of dollars over the next decade, it faces "fierce" internal debates about the impact on programs, Pentagon policy chief Michèle Flournoy said today.

The department has made headway developing elements of the strategy that will drive budgetary and programmatic decisions, she said, noting the effort will inform the fiscal year 2013 budget request slated to be released next February.

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.

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