News

Search News
Categories
Filter
Experts
Date Range
In the News

Obama’s Defense Budget Faces Harsh Political Realities

The Pentagon laid out a budget plan yesterday that would hold military spending steady next year but ignores harsh political realities that are likely to force steep cuts in defense funding.

In the News

Pentagon Budgeting: Calendar Daze

Wednesday is the day the Pentagon rolls out its budget proposal for the coming 2014 fiscal year, which will begin Oct. 1.

In the News

Obama Seeks Smaller Defense Cuts; Budget Likely DOA

President Barack Obama will seek smaller cuts to the military when he releases his 2014 budget on Wednesday, though the request is probably dead on arrival in Congress/.../

In the News

What’s Missing From the Pentagon’s Budget? A Reality Check

Call it the budget of denial. The Obama administration’s $526.6 billion Pentagon budget request for the 2014 fiscal year arrived two months late and $52 billion over the spending caps. The White House insists that its wider plan for taxes and spending, released today, will make further deep cuts at Defense unnecessary. But if President Obama and congressional Republicans fail to cut a deal—odds are they won’t—come October, the Pentagon will be scrambling once again to find many billions more in savings. It’s still trying to find the $41 billion it has to cut this year/.../

In the News

Hagel: Budget Gives Military Flexibility for Korea

Defense Secretary Chuck Hagel released a $526 billion Pentagon budget Wednesday amid a climate of fiscal uncertainty, but he said the United States was prepared to respond if a conflict breaks out on the Korean Peninsula where tensions are running high/.../

In the News

2014 Defense Budget Forecast: More of the Same

As details emerge on the Obama administration’s budget proposal for fiscal year 2014, it is safe to predict that the Defense Department and its contractors will continue to live in crisis mode for the foreseeable future.