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DoD Comptroller Mike McCord Sees Congressional Budget Deal as ‘Unlikely’ This Year

Mike McCord

Mike McCord, comptroller at the Defense Department, does not expect lawmakers to broker a new budget agreement during a lame-duck session after the November elections, Defense News reported Wednesday.

Paul McCleary writes McCord predicts Congress and the White House likely will address looming federal spending and debt ceiling issues in spring 2015.

“What I do worry about is that we’re looking at a ‘new normal’ where people think [a budget being approved] three months late isn’t a problem anymore,” he told an audience at a TechAmerica-sponsored industry forum held Wednesday in Washington.

He is also concerned over sequester’s potential impact on DoD’s nuclear triad strategy and key modernization programs across the military, according to McCleary’s article.

Katrina McFarland, assistant defense secretary for acquisition, believes the agency must work with industry in order to afford technology development and ensure U.S. warfighters can prevail against sophisticated adversaries.

“If we want to continue to be the superior force we need to take chances, and taking risks is not optional,” McFarland added, according to Defense News.

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