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Pentagon’s Finances Imperilled By Pensions
Of all the politically difficult budget issues that Mr. Hagel will face, few are more charged than the question of military entitlements which have risen sharply over the past decade.
In the News
Civilian Workers First in Line for Budget Cuts
Civilian employees will be among the first to feel the belt-tightening as the Defense Department prepares for the likelihood of severe budget reductions this year/.../
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Debt Limits, General Dynamics, & Beyond: Defense Industry Braces For Sequester
Sequestration, as written, would certainly be a mess. But it might be survivable/.../
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Defense Bosses and Their Budgets
"The budget challenges Panetta faced when he came in are largely the same, but it wasn't for a lack of trying," said Todd Harrison, a defense budget analyst at the Center for Strategic and Budgetary Assessments.
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TRICARE’s High Price Tag Comes Under Scrutiny
The military's massive health insurance program offers millions of service members, retirees and their dependents quality care at relatively low cost. That's what the government aimed for when it created the Civilian Health and Medical Program of the Uniformed Services in 1966, now known as TRICARE. But the price of that success has been high for Uncle Sam: The $53 billion program now consumes 10 percent of the Pentagon's nonwar budget/.../
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The Military Is Already Preparing For The Worst-Case Sequester Scenario
There's plenty of talk about the "fiscal cliff" -- which was avoided by a last-minute deal last month but that only delayed a huge Pentagon fear: Sequestration.