Defense

July 11, 2012

DOD working to halt budget sequestration, Little says

by Jim Garamone
American Forces Press Service

The Defense Department is working to avoid the possibility of budget sequestration, a maneuver which would trigger massive, across the board cuts in defense spending, something Pentagon Press Secretary George Little described July 10 as an “absurd” situation.

“We have daily discussions with the Office of Management and Budget on a range of budget issues, to include the prospect of sequestration,” Little said. “We have not begun planning for sequestration, but we are in regular contact with our OMB colleagues about what needs to happen.

Sequestration is a mechanism built into last year’s Budget Control Act that would trigger across the board cuts in federal spending – including an additional half-trillion-dollar cut in defense – if Congress and the White House cannot agree on a plan to reduce the federal deficit.

“The goal here, of course, is to avoid sequestration, period. That’s what we want and we believe that’s what the American people want,” Little told reporters.

Sequestration would more than double the $487 billion in cuts the department is already making over the next 10 years.

The automatic cuts would require the department to scrap the defense strategy unveiled in January, Pentagon Spokesman Capt. John Kirby told reporters at the same press conference. Instead, Pentagon officials would “have to come up with something completely different. That something, whatever it is, would be based on, essentially, a force at risk of being hollowed,” he said.

“We need to move beyond sequestration,” Little said. “And we believe that members of Congress do want to get beyond it.”

Defense Secretary Leon Panetta continues to look throughout the department for savings, Little said, and stressed that everything is on the table. But Defense officials have continually said that any cuts have to fit in to the overall defense strategy.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines October 24, 2014

News: U.S., South Korea delay transfer of wartime control - The U.S. and South Korea have delayed transferring wartime operational control of allied forces by taking on a “conditions-based approach” and scrapping the previously set deadline of 2015.   Business: Exclusive: Lockheed, Pentagon reach $4 billion deal for more F-35 jets - Lockheed Martin and U.S. defense...
 
 

News Briefs October 24, 2014

French moving troops toward Libyan border A top French military official says the country is moving troops toward the Libyan border within weeks and, along with U.S. intelligence, is monitoring al Qaeda arms shipments to Africa’s Sahel region. A French base will go up within weeks in a desert outpost just a hundred kilometers (60...
 
 
Navy photograph

Navy to commission submarine North Dakota

Navy photograph The PCU North Dakota (SSN 784) during bravo sea trials. The crew performed exceptionally well on both alpha and bravo sea trials. The submarine North Dakota is the 11th ship of the Virginia class, the first U.S....
 

 

Boeing announces SF Airlines order for Boeing converted freighters

Boeing announced Oct. 23 that SF Airlines has placed an order for an undisclosed number of 767-300ER passenger-to-freighter conversions (Boeing Converted Freighters). SF Airlines, a subsidiary of Shenzhen, China-based delivery services company SF Express, will accept its first redelivered 767 in the second half of 2015. “SF Express aims to become China’s most respected and...
 
 
LM-C130

Another Super Herc Little Rock Rollin’

  Lockheed Martin delivered another C-130J Super Hercules to the 61st Airlift Squadron at Little Rock Air Force Base, Ark., Oct. 23. Little Rock AFB’s new C-130J was ferried from the Lockheed Martin Aeronautics facility ...
 
 

United Technologies beats third quarter profit expectations

United Technologies Corp. Oct. 23 reported third-quarter profit of $1.85 billion as sales increased across all its businesses and the aerospace giant reported favorable tax settlements. The Hartford, Conn.,-based company said it had profit of $2.04 per share and earnings, adjusted for non-recurring gains, came to $1.82 per share. The results topped Wall Street expectations,...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>