Budget Battles

Dec 2, 2000
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From The Navy Times:

DoD panel calls for radical retirement overhaul
quote:

A sweeping new plan to overhaul the Pentagon’s retirement system would give some benefits to all troops and phase out the 20-year cliff vesting system that has defined military careers for generations.

In a massive change that could affect today’s troops, the plan calls for a corporate-style benefits program that would contribute money to troops’ retirement savings account rather than the promise of a future monthly pension, according to a new proposal from an influential Pentagon advisory board.
More at http://www.navytimes.com/news/2011/07/military-dod-panel-calls-for-radical-retirement-overhaul-072511/

Comment: With the national debt on everybody's mind these daze, this and other schemes are going to be getting a lot of attention. The fights that effect the sea services are what I'm going to call attention to in this thread.
 
Dec 2, 2000
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From The Navy Times:

Dempsey: Pay and benefits part of budget debate
quote:

The general tapped to become the next chairman of the Joint Chiefs sounded an increasingly familiar refrain at his July 26 confirmation hearing: Tight budgets and tough choices are looming on the horizon, which means “everything is back on the table.”￾

Army Gen. Martin Dempsey told senators at his July 26 confirmation hearing in Washington.
More at http://www.navytimes.com/news/2011/07/military-dempsey-confirmation-chairman-joint-chiefs-072611p/
 
Dec 2, 2000
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From The Navy Times:

Vets worried about default’s effect on benefits
quote:

Veterans are frightened about a government default, and little is being said to relieve those fears, the executive director of Iraq and Afghanistan Veterans of America said Wednesday.
More at http://www.navytimes.com/news/2011/07/military-veterans-concerned-about-government-default-072711w/

Comment: Understandable. My next pension deposit is August 1st. Whether or not I get one on September 1st...that is the question, and I'm not the only one who's wondering.
 
Dec 2, 2000
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Dec 2, 2000
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From The Navy Times:

Corps shows off F-35B in demonstration flight
quote:

NAVAL AIR STATION PATUXENT RIVER, Md. – In a graphic demonstration of the Marine Corps’ strident support of its F-35B version of the tri-service Joint Strike Fighter, the service held the first-ever live demonstration of the aircraft’s short take-off and vertical landing capabilities before reporters on Friday.
More at http://www.navytimes.com/news/2011/07/marine-corps-shows-off-f35b-demo-072911w/

Comment: Posted here because this part of the program is fighting for survival and may not make it through.
 
Dec 2, 2000
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From The American Thinker:

The Folly of the U.K.'s Defense Cuts
quote:

As the Congress debates budgetary issues, some liberals are marketing British defense cuts as a model for America, claiming that if the U.K. can afford to reduce its defense budget, so can America.
More at http://www.americanthinker.com/2011/07/the_folly_of_the_uks_defense_cuts.html

Comment: Yes, it's a conservative OpEd piece (I'm sure I'll have plenty from the other side to showcase here) but it shows how the sides are circling their wagons to try and keep their share of a massively shrinking pie.

I gaurantee there will be more to come!
 
Dec 2, 2000
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From The Navy Times:

Debt deal in line with DoD budget expectations
quote:

The new debt deal reached over the weekend by the White House and congressional leaders does little to change industry’s expectations for defense spending.

Under the new plan, up to $350 billion of the initial $900 billion in cuts to discretionary spending would come from the Pentagon’s budget over the next 10 years. This is $50 billion less than the defense cuts President Obama outlined in April.
More at http://www.navytimes.com/news/2011/08/defense-spending-expectations-largely-unchanged-by-debt-deal-080111/
 
Dec 2, 2000
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Dec 2, 2000
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From The Navy Times:

Military on chopping block in austere time
quote:

WASHINGTON – The Pentagon got nearly everything it asked for during a decade of two wars shadowed by the Sept. 11 terror attacks and the rise of al-Qaida. No more.

It’s a reality that new Defense Secretary Leon Panetta acknowledged Thursday, saying he “recognizes the Department of Defense has to do its part”￾ to meet the public clamor for spending cuts.
More at http://www.navytimes.com/news/2011/08/ap-military-on-chopping-block-in-austere-time-080411/

Comment: The F-35 could very well be one of the casualties is the people behind the program don't get their act together.
 
Dec 2, 2000
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From The Boston Herald:

War on debt could wound our military
quote:

Asked why he robbed more than 100 banks, the legendary Willie Sutton supposedly replied: “Go where the money is ... and go there often.”￾ In the wake of the debt-ceiling deal, the worry now is that Congress and President Obama are going to treat the U.S. defense budget the way Sutton treated banks.

Considering the world today, that would be a big mistake.
Two page story begins at http://www.bostonherald.com/news/opinion/op_ed/view/2011_0807war_on_debt_could_wound_our_military/
 
Dec 2, 2000
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From The Orlando Sentinal:

Killing Florida pork could seriously help federal budget
quote:

Enough talk about cutting the federal budget.

Let's start the job in Florida, beginning with Jacksonville's pork.

Senators Bill Nelson and Marco Rubio want to move a nuclear aircraft carrier from Norfolk, Va., to Jacksonville. This would cost as much as $500 billion in upfront money, followed by the ongoing cost of duplicating services at the two ports.
More at http://www.orlandosentinel.com/news/politics/os-mike-thomas-federal-spending-0809120110808,0,6628166.column

Comment: Everybody is circling their wagons, everybody is trying to cut what they love to hate, and everybody has ideas...most of them bad, worse, or you've got to be kidding me.

Occasionally, somebody has a good idea, but don't worry, nobody will make a habit of it.
 
Dec 2, 2000
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From The Center For American Progress:

Defense Cuts After the Debt Deal
quote:

The cuts to national security spending in the recent deal to raise the debt ceiling have attracted significant criticism from conservative commentators who argue that these cuts are unexpected, unprecedented, and threatening to our national security. In reality, however, any reductions in military spending are likely to be moderate, at best.
More at http://www.americanprogress.org/issues/2011/08/bipartisan_defense_cuts.html
 
Dec 2, 2000
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From The Navy Times:

A golden decade for defense companies is ending
quote:

NEW YORK – The wars in Iraq and Afghanistan are winding down, Osama bin Laden is dead, and the federal government is deeply in debt. This spells the end of what was a golden decade for the defense industry.
More at http://www.navytimes.com/news/2011/08/ap-golden-decade-for-defense-companies-is-ending-081511/

Comment: That crack at the end about the era of manned aircraft being over has me more then just a bit concerned. The same was said about missiles replacing guns and that didn't work out too well in practice. (Neither did the missiles!)
 
Dec 2, 2000
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