Tag Archives: budget control act

Panetta Urges Congress to De-Trigger Sequestration Cuts

It is up to Congress to dissipate the shadow of sequestration hanging over the Defense Department, according to Defense Secretary Leon Panetta. Panetta and Joint Chiefs of Staff Chairman Army Gen. Martin Dempsey discussed on Monday the impending $500 billion budget reduction over the next ten years that would incur if …

Read More »

House Panel Moves Forward ‘Mini-bus’ Spending Bill

With overwhelming support, the House Appropriations Committee finally passed a spending bill Monday night to prevent a shutdown of federal funding of various government internal agencies and departments. Committee members agreed in a 38-1 vote to pass the “mini-bus” legislation which makes possible for continued funding of the departments of …

Read More »

Pentagon Review: Defense Cuts $100B Greater than Advertised

The Defense Department and some politicians are becoming more vocal about their belief that the Budget Control Act will cause substantially larger defense spending cuts than the oft-advertised $350 billion in reductions by 2023. Aerospace Industries Association chief Marion Blakey estimates the real size of the cuts would be between $460 billion …

Read More »

Pentagon Cuts Could Spare CyberWar Efforts, Lynn Says

The future of weapons modernization programs hangs in the balance as the Pentagon prepares to cut up to $450 billion in spending over the next decade, Deputy Defense Secretary William Lynn said in an interview Monday. “Its clear we’re going to have to trim modernization programs to some degree and …

Read More »