News
Search News
In the News
Defense Budget Could Fall By 31 Percent In 10 Years, Think Tank Says
Planners of the defense budget face an unprecedented challenge in responding to new threats in a post-9/11 era at the same time resources are diminishing, experts said Thursday.
In the News
A Missed Decade at Pentagon
U.S. military procurement coffers were flush with cash in the post-9/11 decade, but the Pentagon missed an opportunity to replace the hardware still being used in the wars spawned by that infamous day.
In the News
Senate Panel Cuts $26 Billion From Fiscal 2012 Defense Bill
The Senate’s spending committee today reduced by $26 billion the pending fiscal 2012 defense budget -- the first installment of as much as $400 billion in cuts the Pentagon faces through 2024. The Senate Appropriations Committee applied the reduction to a fiscal 2012 base defense budget of $539 billion that’s controlled by its defense panel.
In the News
Bloomberg Government Insider: The Next Battle
Ten years after the Sept. 11, 2001, terrorist attacks, the Pentagon confronts a new enemy that will require it to embrace an unfamiliar strategy: spending less money.Buckling beneath $14.3 trillion in IOUs, the U.S. now is pivoting from the whatever-it-takes philosophy employed against Osama bin Laden to a whatever-we-can-afford defense posture.
In the News
Defense Cuts And The ‘Achilles Heel’ Of U.S. Power
the “Achilles heel” of the U.S. strategic posture is its dependence on forward bases. Deny access to those bases and you roll back American power. The observation was included in a paper by Andrew Krepinevich of the Center for Strategic and Budgetary Assessments, a defense-oriented think tank.
In the News
Military Branches Try To Deflect Budget Cuts
A Congressional panel has roughly three months to come up with a plan to cut the deficit. The Pentagon is likely to get hit with hundreds of billions of dollars in additional budget cuts. Each branch of the military knows the cuts are coming — so they are trying publicly, and privately, to minimize the damage to their bottom lines. Todd Harrison, of the Center for Strategic and Budgetary Assessments predicts: “publicly it'll come out with the services will be making an affirmative case for why their service and the unique capabilities they provide will be needed in the future.”