An F-15E Strike Eagle receives fuel from a 100th Air Refueling Wing KC-135 Stratotanker during an aerial refuelling mission over the Atlantic Ocean in this Sept. 10 photograph.
Courtesy of Ethan Morgan/U.S. Air Force/Reuters
Why Pentagon Won't Say How It Would Cut $55 Billion Starting Jan. 1 -- Christian Science Monitor
The Pentagon may finally be planning for dreaded spending cuts set to take effect in the new year, though it is mum on any specifics. It wants Congress to come up with a different solution to US deficit spending.
The Pentagon is staring at some $55 billion in spending cuts – 10.5 percent of its annual budget – that it will have to make immediately come January, if Congress does not act before then to avert the "fiscal cliff." Officials there, no fan of these automatic cuts or of the process on Capitol Hill that spawned them, have alternately called this approach to financial discipline a "blind meat ax," a "goofy meat ax," and "fiscal castration."
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My Comment: What a stupid way to run the government and to handle a budget .... but hey .... it's been 3 1/2 years since the US Senate passed a budget.
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