News
Sequestration Would Cut Defense By 10.3 Percent—In Stages, Says Report
Absent a new budget deal between the White House and Congress, defense spending would be hit with an immediate 10.3 percent reduction that threatens the jobs of 108,000 civilian employees, according to an analyst's new calculations of the looming sequestration threat. Not all those cuts, however, would kick in on Jan. 2, 2013 -- considered D-Day -- because outlays of already obligated funds would continue.
Sequester Would Force 108K Layoffs In Federal Workforce, Not In Defense Industry: CSBA
Sequestration would force the Defense Department and other federal agencies to lay off workers long before the defense industry had to, said a report released today by the Center for Strategic and Budgetary Assessments.
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.