Wednesday, January 11, 2012

Pentagon To Release Defense Budget Numbers On Jan.26

Defense Secretary Leon E. Panetta speaks to the press about the new defense strategy as Army Gen. Martin E. Dempsey, chairman of the Joint Chiefs of Staff, looks on at the Pentagon, Jan. 5, 2012. DOD photo by Glenn Fawcett

Panetta Said Ready to Release First Budget Numbers Jan. 26 -- Bloomberg Businessweek

Jan. 11 (Bloomberg) -- Defense Secretary Leon Panetta is scheduled Jan. 26 to release the first details of the Obama administration’s fiscal 2013 defense budget, according to a U.S. defense official.

The date might change and the venue and level of detail haven’t been settled, said the official, speaking on condition of anonymity in advancement of an announcement. The entire Pentagon budget, along with the rest of the administration’s federal spending blueprint, is due to be released Feb. 6 and sent to Congress.

Defense spending in 2013 would be reduced 1 percent from this year’s initial $525.3 billion request before growing annually 1.8 percent in 2014, 2.3 percent in 2015, dropping to 1.9 percent in 2016 and increasing 2.2 percent in 2017, according to a Nov. 29 Office of Management and Budget document.

The administration plans $82.54 billion in funding for the Afghanistan and Iraq wars for 2013, according to OMB.

The basic defense-only “topline” numbers are currently projected at: $523.8 billion in 2013; $533.0 billion in 2014; $545.5 billion in 2015; $555.9 billion in 2016 and $567.9 billion in 2017, according to OMB.

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My Comment: Looking for a more detail breakdown .... but founding none. I guess I will have to wait untill Jan, 26 .... or if someone leaks out the data.

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