News
Defense Cut’s Full Effect Years Away, Analyst Finds
Defense contractors wouldn’t feel the full effect of automatic budget cuts for three or four years as weapons programs are facing only a 3.5 percent reduction next year, according to an independent research group.
Experts Doubt Budget Cuts Would Hurt Military Training
For months, lawmakers and military leaders have issued dire predictions about what might happen if Congress doesn’t stop the $500 billion in automatic defense spending cuts set to start in January/.../
CR Deal Would Set Back Critical Projects
A tentative deal for a six-month continuing resolution would, if approved, avert the threat of a government shutdown until March — but it also would set back plans for new and expanded programs/.../
Defense Budget and Sequestration
CSBA Senior Fellow Todd Harrison participates in an expert roundtable on sequestration, the 2013 defense budget and cybersecurity.
Analysts: Pentagon Could Save $100 Billion by Changing Business Practices
Only one issue is on the minds of defense leaders and industry executives these days: Looming budget cuts. But widespread panic over the coming spending reductions — known as sequestration — could be turned into an opportunity to tackle the obvious fat in the Pentagon’s budget, analysts suggest/.../
U.S. Spending Bills Suddenly Irrelevant
Rather than try to pass appropriations bills for fiscal 2013, U.S. congressional leaders have decided instead to pass a six-month-long stopgap spending measure that would keep funding at 2012 levels until the end of March/.../