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Defense Procurements Could Fall to $62B Per Year
A Center for Strategic and Budgetary Assessments analyst predicts that defense budget may drop as much as $415 billion if sequestration remains in place over the next decade, Aviation Week reported Friday.
Analysis
CNN Interview: Slashing the Military’s Budget
In this interview with Barbara Starr, Todd Harrison weighs in on the proposed budget cuts for the U.S. military and the Services' response.
In the News
It’s Time to Get Budget Smart
The Center for Strategic and Budgetary Assessments is releasing a new report on the chaotic budget picture for fiscal 2014 today. Normally, Todd Harrison, one of the best defense budget experts in town, does an annual analysis of the Pentagon's budget request, but this year that made no sense, he told Morning Defense. That's because the continuing resolution and sequestration have rendered that document meaningless, which is to say, there's no way the Pentagon is getting that much money this year.
In the News
Each U.S. Troop In Afghanistan Now Costs $2.1 Million
The average cost of each U.S. troop in Afghanistan will nearly double in the last year of the war to $2.1 million, according to a new analysis of the Pentagon’s budget.
In the News
Chaotic Time for the Defense Budget
The current budget battle on Capitol Hill is more about taxes, entitlements and Medicare than defense spending, said Todd Harrison, a defense analyst for the Center for Strategic and Budgetary Assessments.
In the News
Report Says Sequester May Be New Funding Ceiling for Pentagon Budget
Sequestration may not be the worst-case scenario for Pentagon budgets — defense spending could drop even lower in the next decade, a new report argues.