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Posts Tagged ‘Congress/DOD’

Sequester Relief Likely Best Hope for Budget Committee, Reid Says

  • October 24, 2013
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The most ambitious result that can be expected from the House-Senate budget conference is an agreement to address automatic spending cuts, Senate Majority Leader Harry Reid (D-Nev.) said Thursday, discouraging hopes that a “grand bargain” deficit reduction deal that reforms entitlement programs and generates new tax revenue is possible. “There is not going to be a grand bargain,” said Reid …

Services to Prepare Separate FY’15 Budgets

  • October 22, 2013
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In a nod to the strong likelihood that sequestration isn’t going away anytime soon, the military services and defense agencies are preparing separate fiscal 2015 budget proposals for Congress. One will assume the deep spending cuts remain, while the other will assume Congress somehow reaches a deal to reverse them, reported CQ …

No Shortage of Interest on Budget Conference in Replacing Defense Cuts

  • October 22, 2013
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Advocates for defense spending from both parties on the House-Senate budget conference will be striving to reach agreement on a mechanism to avoid slashing DOD’s fiscal 2014 budget $20 billion below last year’s level. The FY 2014 continuing resolution signed last week continues spending on defense programs at the FY 2013 figure of $518 billion, but the 2011 Budget Control Act caps such spending this year at $498 billion …

After Young’s Death, Frelinghuysen Is Frontrunner for Defense Gavel

  • October 21, 2013
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Rep. Rodney Frelinghuysen (R-N.J.) is seen as the most likely candidate to chair the House Appropriations Defense Subcommittee, CQ reported. The position is vacant after the Oct. 18 passing of Rep. C.W. Bill Young (R-Fla.), who had served as the subcommittee’s top Republican since 2005…

Army to Speed Up Drawdown, Report Says

  • October 21, 2013
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The Army will have to accelerate its plans to cut 80,000 soldiers and eliminate brigade combat teams (BCTs) at 10 U.S. posts to meet new fiscal demands, the Army Times reported. The major restructuring, originally a four-year plan, will now take place over the next two years, according to the article…

McHugh: Army Needs ‘Some Predictability’ for Budget Planning

  • October 21, 2013
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Army Secretary John McHugh said Monday that sequestration and the lack of a federal budget will continue to gut the service’s budget and all its acquisitions. “We have robbed Peter to pay Paul. Then Paul got furloughed,” McHugh told the annual…

Reid Rejects Surrendering Entitlement Spending to Preserve Defense Programs

  • October 20, 2013
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Senate Majority Leader Harry Reid (D-Nev.) poured cold water on the much-talked-about formula of reversing one or more years’ worth of defense cuts in exchange for reductions in entitlement programs such as Social Security and Medicare. In the immediate aftermath of last week’s agreement to reopen the government and extend the nation’s debt ceiling, Reid insisted that any deficit reduction deal include a mix of entitlement reforms along with increased tax revenue …

Defense Industry Ramps up Campaign against Sequestration

  • October 17, 2013
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The nation’s largest defense companies are rallying to overturn the deep spending cuts triggered under sequestration through social media and outreach to state and local officials. A campaign the Aerospace Industries Association launched last year was unsuccessful, and this year’s effort will focus on “increasing engagement back home at the grass-roots level” as well as reaching federal lawmakers whose districts rely on the defense industry for jobs …

Pentagon Still under Cloud of Sequestration, Officials Stress

  • October 17, 2013
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Despite the end of the partial government shutdown and the return of about 5,000 civilian employees who had been furloughed since Oct. 1, Defense Secretary Chuck Hagel warned the department still must cope with the constraints of a stopgap spending bill and lower spending levels dictated by sequestration. “DOD is now operating on a short-term continuing resolution, which limits our ability to start new programs, and the damaging cuts of sequestration remain the law of the land …

Skepticism Remains over Prospect for Deal Reversing Defense Cuts

  • October 17, 2013
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A number of Republican lawmakers would like to see deep spending cuts scheduled to hit DOD’s budget through fiscal 2021 eliminated or, at least, peeled back, but the prospects for the conference committee charged with hashing out an FY 2014 budget to reach an agreement to replace the sequester cuts with alternate savings still are highly uncertain. Republican lawmakers — including Sens. Lindsey Graham (S.C.), John McCain (Ariz.), Susan Collins (Maine) and Bob Corker (Tenn.) — trying to preserve defense spending point to changes in entitlement programs as the best formula to find the necessary savings …

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