The Pentagon prepares for nearly every military contingency imaginable. Economic dangers, however, can catch the U.S.’ sprawling defense apparatus off guard. So it is with next week’s impending budget catastrophe.
One of two things will happen on August 2. Either the Obama administration and Congress will overcome a weeks-long deadlock over raising the U.S. debt ceiling, or the U.S. will default on its debt for the first time ever. If the Defense Department has a plan for what happens, it’s not letting anyone in on it.
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More News On The Impact Of The Debt Crisis/Defense Cuts On The Pentagon
Dempsey: Debt not biggest national security threat -- Stars and Stripes
Martin Dempsey: Deep defense cuts will harm national security -- Politico
Top general warns against deep defense cuts -- Reuters
Joint Chiefs nominee warns against deeper defense cuts -- Government Executive
Cuts carry high risk, says joint chiefs nominee -- Financial Times
Dempsey: $400 billion funding cut for defense 'possible,' but risky -- Stars and Stripes
US military chief cites risks on budget cuts -- AFP
Pentagon Budget Cuts Deepening for Fiscal 2012, Levin Says -- Bloomberg
The real danger in Washington: defense cuts -- Dov Zakheim, Shadow Government/Foreign Policy
Defense Budget: Are Deeper Cuts on the Horizon? -- Julian E. Barnes, Wall Street Journal
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