August 1, 2013

TIME TO GET OFF THE TEAT:

Pentagon presents possible sequester cuts (Ernesto LondoƱo, July 31, 2013, Washington Post)

The Pentagon on Wednesday presented detailed, stark options it is considering in light of steep cuts to the federal budget, warning, for instance, that it could be forced to decommission three Navy aircraft carriers and overhaul the military's generous benefits package. [...]

If sequestration remains in place, the Pentagon would have to trim $50 billion from its budget during 2014 and $500 billion over the next decade.

Hagel said any approach to reducing the budget would have to include slashing compensation costs, which account for roughly half of the Pentagon's budget. Personnel costs soared during the past decade, when the military had to go to great lengths to recruit and retain service members during wartime.

Posted by at August 1, 2013 6:19 AM
  

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