Domenici-Rivlin Panel: Freeze Spending; Kill F-35, V-22, EFV -- Defense News
A bipartisan debt-reduction panel is proposing freezing U.S. defense spending at 2011 levels, urging termination of costly programs like the F-35 fighter and V-22 tiltrotor, and a much smaller American military.
Washington, with midterm congressional elections in the rear view, is expected soon to turn its collective attention to paring the escalating federal deficit. Obama administration officials, as well as lawmakers and budget experts from both parties, are warning that without far-reaching reforms, the nation will fall into deeper economic doldrums and cease to be a world power.
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More News On Another Deficit Cutting Commission
Freeze DoD Dough For Five Years -- DoD Buzz
Alice Rivlin and Pete Domenici present deficit plan -- Politico
Pentagon's Budget On The Chopping Block -- NPR
Gates Tries to Head Off Movement Toward Defense Cuts -- FDL
Now it’s the Domenici-Rivlin plan to cut the deficit -- Reuters
The Bipartisan Policy Center vs. the Simpson-Bowles Commission -- Washington Post
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