The Pentagon Is (Now) Getting Ready For Sequestration
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Time Running Out On Defense Industry Efforts To Avoid Sequester -- The Hill
The clock has all but run out on the defense industry's efforts to stave off billions in looming budget cuts under sequestration.
At the Pentagon, administration officials have given Defense Department number crunchers the green light to begin planning for the $500 billion in budget cuts set to go into effect in January.
Weeks of intense, last-minute negotiations between Speaker John Boehner (R-Ohio) and President Barack Obama on a potential deal to avoid January’s “fiscal cliff” of looming tax hikes and automatic spending cuts appeared to come to an unceremonious end last Thursday.
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My Comment: The Heritage Foundation has done a comprehensive report on the impact of sequestration on the U.S. military. If you have the time (and interest) to read it, the link is here.
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u.s. defense budget
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