Saturday, December 25, 2010

Pentagon Told To Start Cutting It's Budget


Sources: DoD Ordered To Cut $78B Over 5 years -- Navy Times

White House budget officials have ordered the Pentagon to shed $78 billion from its annual budgets over the next five years, starting with a $12 billion cut in 2012, sources told Military Times.

Pentagon budget officials late last week already were busy determining how to respond to the 2012 budget reduction, which was first reported by Defense News. Now, one budget source said Pentagon officials “are scrambling” to determine how they will trim Defense Department plans to meet a new Office of Management and Budget directive to trim $78 billion over the future years defense plan, which will span 2012-16.

It remains unclear how that $78 billion will break down over those five years.

Read more ....

More News On The Upcoming Pentagon Budget Cuts

DoD officials preparing smaller 2012 budget -- Military Times
DoD officials preparing smaller 2012 budget -- Air Force Times
U.S. Department of Defense Fears the Budget Axe -- Defense Update
Pentagon official sees mounting budget pressures -- Reuters
AIA: Don't Cut U.S. Defense Spending -- Defense News
Opposing view on defense spending: Military cuts 'a non-starter' -- USA Today
The Defense Industry’s Winter Of Discontent -- Forbes
Our Security Can’t Afford These Defense Cuts -- The Heritage Foundation
House Spending Plans for Defense Would Harm the Military -- Heritage Foundation

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