Weight-Loss Surgery: Budget Shock Could Be Healthy
Deep and long-term budget cuts could be the best thing to happen to the U.S. defense enterprise in decades.
Deep and long-term budget cuts could be the best thing to happen to the U.S. defense enterprise in decades.
CSBA President Andrew Krepinevich discusses top priorities for the incoming Secretary of Defense on This Week in Defense with Vago Muradian. The next Secretary of Defense would need to go a step beyond the current strategic guidance, believes Krepinevich, and articulate a strategy for maintaining stability in the two key regions: the Western Pacific and the Persian Gulf.
If the automatic cuts currently scheduled to take place on March 1 stay in effect, DoD estimates its spending authority would be reduced by $45 billion in fiscal 2013. Compounding the problem, the cuts would have to be absorbed in just the final seven months of the year.
After months of near-silence on planning for sequestration, Deputy Defense Secretary Ashton B. Carter on Thursday instructed Pentagon managers to prepare specific actions in case Congress and the White House fail to enact a new budget deal.
The Pentagon’s plight has changed little following last week’s agreement delaying sequestration two months until March 1, with the exception that by forcing automatic cuts to be carried out over seven months the impacts on civilian personnel will be more jarring, according to a defense budget expert.
Almost all of the Pentagon’s nearly 800,000 civilian employees would likely have to be placed on unpaid leave for a month this year if automatic defense spending cuts go into effect in March as now planned, a top defense budget analyst said on Wednesday.