No One Has A Clue On What Will Be The U.S. Defense Budget In 2015

Defense Spending After 2015: It's Anyone's Guess -- Sandra I. Erwin, National Defense

The powers-that-be must soon make a decision on how to cut military spending before sequestration returns in 2016.

If this sounds like déjà vu all over again, it’s because it is, said Rep. Adam Smith, the top Democrat on the House Armed Services Committee. “We face seven more years of sequestration and there is no clear picture of how that's going to be handled,” Smith told reporters Feb. 6 at a breakfast meeting in Washington.

Congress, against all odds, last month passed a two-year budget resolution that set defense spending for 2015 at approximately $498 billion, or $9 billion above the spending limit mandated by the 2011 Budget Control Act. By 2016, under the BCA, the Pentagon’s inflation-adjusted funding would fall to about what it received in 2007 and remain essentially flat through fiscal year 2021.

Read more ....

My Comment: This is not how you run a world class military organization .... but with money getting tight (and politics at play) ..... such is the end result.

Advertisement

You have just read the article News for today's that category by title No One Has A Clue On What Will Be The U.S. Defense Budget In 2015. You can bookmark this page with a URL https://news-these-days.blogspot.com/2014/02/no-one-has-clue-on-what-will-be-us.html. Thank you!

Posted by: Tukiyooo No One Has A Clue On What Will Be The U.S. Defense Budget In 2015 Updated at : 12:00 AM

Saturday, February 8, 2014