Monday, June 11, 2012

Can The Pentagon's Weapon Systems Survive The Upcoming Budget Cuts?

Pentagon Weapon Systems Can Survive Spending Cuts -- Washington Times

The Pentagon could hold on to its crown-jewel weapon systems even though looming automatic federal spending cuts would inflict a $54 billion gash in the 2013 defense budget, military budget analysts say.

Instead of terminating weapons, the Pentagon could trim its projected spending under the Budget Control Act, which calls for a nearly $1.2 trillion reduction in federal spending over 10 years and mandates a 10 percent across-the-board cut in its first year, beginning Jan. 2.

Read more ....

My Comment: If this is how the U.S. defense budget is going to be handled ....

.... don’t spend the money as quickly.

We are then in more trouble that what I had originally thought.

I know that the Pentagon and its defense supporters are hoping that a change in government will occur in November, and that a more pro-military administration will be formed under Mitt Romney. I am not that optimistic. The debt crisis is real, and the U.S. dos not have the funds to borrow or raise like they use to. Cuts will be happening .... the question is when and where with the when rapidly running out of time.

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