Sub Fire Could Have Ripple Effects for Navy Fleet
The Navy is evaluating whether it’s worth spending millions of dollars to repair the USS Miami, the nuclear-powered submarine damaged in a fire in a Maine shipyard.
The Navy is evaluating whether it’s worth spending millions of dollars to repair the USS Miami, the nuclear-powered submarine damaged in a fire in a Maine shipyard.
/…/In November, Panetta had said OCO funds would be exempt from sequestration. But Pentagon officials recently came to the opposite conclusion after discussing the issue with OMB, Pentagon spokesman Capt. John Kirby tells us.
Todd Harrison joins an expert roundtable to discuss budget and defense spending.
On Jan. 2, national security is set to receive a heavy blow if Congress fails to intervene. That is when a 10-year, $600 billion, across-the-board spending cut is to hit the Pentagon, equal to roughly 8 percent of its current budget. /…/
/…/President Barack Obama’s plans for a downsized military will be under attack as the House and Senate spar over the size of the Pentagon’s budget.
President Barack Obama’s slowdown in Pentagon spending after the Iraq and Afghanistan wars, denounced by Republicans as crippling the nation’s defense, is overshadowed by the retrenchment under previous presidents following the Vietnam and Cold War eras/…/