Pentagon to bear brunt of upcoming budget cuts
Source: AP-Excite
By ANDREW TAYLOR and DONNA CASSATA
WASHINGTON (AP) - A second, deeper round of automatic federal budget cuts is on its way, and it's going to hit the Pentagon hard.
Already reeling from a $34 billion budget blow this year due to deficit-driven spending reductions known as sequestration, the Defense Department would feel an additional $20 billion punch in 2014. All told, the Pentagon's budget for next year would be cut by about 10 percent below levels approved just six months ago.
Domestic programs are spared further automatic budget cuts, a little-known wrinkle that could give Democrats some advantage in upcoming negotiations over repealing sequestration - or at least easing its effects.
That reality is beginning to dawn in the federal government, which allowed this year's $72 billion round of cuts to take effect. Officials have a few months to try to replace an even deeper round of cuts expected to take effect in January.
FULL story at link.
Read more: http://apnews.excite.com/article/20130731/DA7SBLHG1.html
In this July 17, 2013, file photo. Defense Secretary Chuck Hagel talks with Air Force personnel at Joint Base Charleston near Charleston, S.C., on the last day of a three-day trip to visit bases in the Carolinas and Florida. A second, deeper round of automatic budget cuts is on its way, and its going to hit the Pentagon hard. Already reeling from a $34 billion budget blow this year due to deficit-driven spending reductions known as sequestration, the Defense Department would feel an additional $20 billion pinch in 2014. All told, the Pentagons budget for next year would be cut by about 10 percent below levels approved just six months ago. (AP Photo/Bruce Smith, File)
on point
(2,506 posts)To paraphrase Rumsfeld: "You wage empire on the budget you have, not the one you want"
or raise tax rates on the wealthy and the corporations to pay all the pentagon costs since the prime mission of the Pentagon is to protect the interests of the wealthy.
Sherman A1
(38,958 posts)but, it's a start.
GeorgeGist
(25,321 posts)Sunlei
(22,651 posts)leveymg
(36,418 posts)stillwaiting
(3,795 posts)I wonder why that might be?
Surely if it were clearly explained an overwhelming majority of Americans would not see these budget "cuts" to the Pentagon as a bad thing.
Aha!
RoccoR5955
(12,471 posts)Stealing a line from someone who disgusts me, but it should be done!
raccoon
(31,111 posts)librechik
(30,674 posts)if we can hold the line against them....
bemildred
(90,061 posts)The Pentagon's most vital organ, it's wallet.
unhappycamper
(60,364 posts)Let's talk about the Elephant In The Room:
Your turn....
toby jo
(1,269 posts)Ishoutandscream2
(6,662 posts)JackRiddler
(24,979 posts)Cuts are measured by a reduction of its pie chart slice, or by an absolute reduction in amount spent from year to year.
What they're calling a cut is just a reduction in the amount they were expecting to spend. Like some corporation claiming loss of expected profits.
Of course the war machine and empire remain the number one item.
Triana
(22,666 posts)They won't allow this.
They don't give a shit if children, women, poor and elderly are hurt with abusive cuts. But when themselves and their MIC buddies are going to be subjected to cuts - they won't have that.
Myrina
(12,296 posts)n/t
formercia
(18,479 posts)Must be Nostalgia.
AlbertCat
(17,505 posts)Pu-leez! "Reeling"???? They probably waste twice that....daily.
Can't we stop making bombers to fight the Soviet Union? Perhaps they could go back to building their own barracks and doing their own KP.
perdita9
(1,144 posts)It's about time the Pentagon shared in budget cuts
Blandocyte
(1,231 posts)It sucks.
RC
(25,592 posts)We do not need paranoid sociopaths spying and running cyber attacks on any and everyone he decides is our enemy, including the general citizenry of the United States.
Historic NY
(37,449 posts)I'm sure they can make it up.
The Magistrate
(95,247 posts)DCBob
(24,689 posts)Probably be just the opposite.. increasing budget.
JackRiddler
(24,979 posts)Not that it's outrageous that bullshit stories like these make it a crisis that the Pentagon should ever get less than it expects, even as this beast EATS HALF OF ALL FEDERAL INCOME TAXES, PLUS!