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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.

In the News

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.

Press Releases

CSBA Evaluates Cyber Warfare in a New Study

In the past few months a number of high profile developments have pushed the issue of cyber security into the spotlight. Revelations regarding the Stuxnet program, a cyber weapon that targeted Iranian uranium enrichment centrifuges, emerged in early June, along with reports regarding Flame, an alleged effort to extract data from the computers of Iranian nuclear scientists. The following month, President Obama penned an op-ed for the Wall Street Journal describing critical U.S. infrastructure as vulnerable to cyber attack.   Secretary of Defense Leon Panetta went further in warning that “The next Pearl Harbor we confront could very well be a cyber attack that cripples our power systems, our [electric] grid, our security systems, our financial systems, our governmental systems.”

In the News

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/.../

In the News

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/.../