Budget Battles

Dec 2, 2000
58,590
380
283
Easley South Carolina
From The Pacific Stars And Stripes:

Vets groups blast military retirement proposal
quote:

WASHINGTON – Veterans groups lashed out this week at a proposed overhaul of the military retirement system, vowing to fight any changes that could take money out of current or future retirees’ pockets.
More at http://www.stripes.com/blogs/stripes-central/stripes-central-1.8040/vets-groups-blast-military-retirement-proposal-1.152626

Comment: The problem with the proposed 401k system is that if the markets tank, the plans tend to tank with them. The problem with the current system is that the government which backs it up is essentially broke.
 
Dec 2, 2000
58,590
380
283
Easley South Carolina
Dec 2, 2000
58,590
380
283
Easley South Carolina
From Defence News:

DoD Looks To Professionalize Acquisition Corps
quote:

Pentagon acquisition chief Ashton Carter plans to adopt pieces of a Defense Business Board study that calls for professionalizing the U.S. Defense Department's acquisition corps.
More at http://www.defensenews.com/story.php?i=7498893&c=AME&s=TOP

Comment: They'll have to do a lot more then make this idea happen to clean up the aquisition process, but it would be a good start.
 
Dec 2, 2000
58,590
380
283
Easley South Carolina
From Defence News:

At DoD, a Search for More Cuts
quote:

The U.S. military services have revised their 2013 budget proposals as they work to meet a White House goal of cutting hundreds of billions of dollars in planned spending over the next decade.

The updated proposals reflect mandatory reductions signed into law after first drafts of the budget were due in late July, according to Pentagon officials.
More at http://www.defensenews.com/story.php?i=7508666&c=FEA&s=CVS
 
Dec 2, 2000
58,590
380
283
Easley South Carolina
Dec 2, 2000
58,590
380
283
Easley South Carolina
From Defence News:

DoD Braces for $30B Cut in '12
quote:

Pentagon leaders expect U.S. lawmakers to cleave up to $30 billion from the 2012 defense budget request.


"We were originally thinking we would start at $553 billion in '12 and then go up, but we'll start potentially as much as $30 billion below that," Navy Undersecretary Robert Work said Sept. 1.
More at http://www.defensenews.com/story.php?i=7587281&c=FEA&s=CVS
 
Dec 2, 2000
58,590
380
283
Easley South Carolina
From DoD Buzz:

Can Pentagon spending save the economy?
quote:

President Obama and Congress are enduring their lowest-ever approval ratings on their handling of the American economy, and as such this fall’s leitmotif in Washington will be jobs, jobs, jobs! But even though voters and political candidates love to believe that policymakers could just open the spigot on the Strategic Employment Reserve – if they only cared about working families! – manipulating the American economy is more akin to one of those claw crane machines in a bowling alley: It costs you money each time you try anything, you can’t see everything that’s out there, your inputs are limited and controls are numb, and the whole thing is rigged anyway.
More at http://www.dodbuzz.com/2011/09/06/can-pentagon-spending-save-the-economy/

Comment: Yeah, it's an OpEd. Take it with the appropriate grain of salt.
 
Dec 2, 2000
58,590
380
283
Easley South Carolina
From The Navy Times:

Senate committee slashes 2012 defense budget
quote:

A powerful Senate committee revealed what its idea of deficit reduction means to the Defense Department, approving a fiscal 2012 spending plan that provides no increase – not even for inflation – in next year’s defense budget.
More at http://www.navytimes.com/news/2011/09/military-senate-committee-slashes-2012-defense-budget-090811/

Comment: The times have changed and everybody concerned had better just get used to it.
 
Dec 2, 2000
58,590
380
283
Easley South Carolina
From The Navy Times:

Tell us: how would you cut the Navy budget?
quote:

If you were in charge, what would you cut from the Navy budget?

High indebtedness and a stagnant economy are putting big pressure on Washington to cut government spending, and many feel the military will likely have to share the pain, both in the near and long term.
More at http://www.navytimes.com/news/2011/08/navy-tell-us-what-you-think-cutting-the-budget-083011w/

Comment: Oh goody! A popular opinion poll!
 
Dec 2, 2000
58,590
380
283
Easley South Carolina
Dec 2, 2000
58,590
380
283
Easley South Carolina
From The Navy Times:

Watchdog group: Too many generals, admirals
quote:

“Star creep”￾ – an increase in flag and general officers at a time when the military as a whole is shrinking in size – is receiving attention from a key Senate panel, but there is no immediate indication that any specific actions will be taken.
More at http://www.navytimes.com/news/2011/09/military-jim-webb-generals-admirals-star-creep-091411w/

Comment: There's nothing more adversarial then a hearing where the chairman says “This is not intended to be an adversarial hearing,”￾
 
Dec 2, 2000
58,590
380
283
Easley South Carolina
From The Navy Times:

Senate approps OKs defense spending freeze
quote:

The Senate Appropriations Committee voted unanimously Thursday for a defense spending bill that provides $513 billion for the Pentagon’s base budget, freezing spending at 2011 levels.

The committee also agreed to $118 billion for overseas contingency operations, fully funding President Obama’s request.
More at http://www.navytimes.com/news/2011/09/defense-senate-apporps-approves-spending-freeze-091511/
 
Dec 2, 2000
58,590
380
283
Easley South Carolina
From The Navy Times:

Budget, ‘supercommittee’ take panel’s spotlight
quote:

RENO, Nev. – It’s all about the bottom line.

More than anything else, senior Navy and Marine leaders are worried about what types of cuts they will face when writing their next budget.

“The No. 1 challenge that we have out there ... is how our nation is going to deal with the greatest strategic vulnerability that we have, and that is our national debt ... and the ramifications [for] how we’re going to contribute like the rest of America to get that debt under control,” said Vice Adm. Bill Gortney, director of the Joint Staff, during a Sept. 10 panel discussion at the annual Tailhook Symposium here.
More at http://www.navytimes.com/news/2011/09/navy-budget-supercommittee-take-panels-spotlight-091711w/

Related story from Defence News at http://www.defensenews.com/story.php?i=7700635&c=AME&s=LAN
 
Dec 2, 2000
58,590
380
283
Easley South Carolina
From Defence News:

Lawmakers Press DoD for Better Bookkeeping
quote:

Every month, U.S. troops get their paychecks, military commands buy billions of dollars in gear, and operations roll on worldwide. Yet the Pentagon has never been able to account for where all that money and equipment goes.
More at http://www.defensenews.com/story.php?i=7693823&c=AME&s=TOP

Comment: In the lean times to come, getting the books in order and keeping them that way is an idea which is long overdue!
 
Dec 2, 2000
58,590
380
283
Easley South Carolina
From The Navy Times:

Obama plan calls for new Tricare fee hikes
quote:

President Obama’s $4.4 trillion deficit-reduction plan proposes additional increases in Tricare pharmacy co-pays for military beneficiaries and would begin charging an enrollment fee for older retirees using Tricare for Life health benefits.

But the plan postpones any fundamental changes in military retired pay until yet another commission studies the issue.
More at http://www.navytimes.com/news/2011/09/military-tricare-benefits-cuts-obama-091911w/
 
Dec 2, 2000
58,590
380
283
Easley South Carolina
Dec 2, 2000
58,590
380
283
Easley South Carolina
From CJOnline:

George Will: Defense budget cut dangerous
quote:

WASHINGTON – It must take some getting used to. Leon Panetta, the secretary of defense, knows the Pentagon is under 24-hour cyber siege. There constantly are thousands of what he calls “exploitive”￾ cyber probes from nations “pulsing the system,”￾ trying to devise tools to disrupt the control systems without which complex societies such as ours cannot function.
More at http://cjonline.com/opinion/2011-09-20/george-will-defense-budget-cut-dangerous