Pressure Mounts On White House To Detail Effects Of Deep Defense Cuts -- US News And World Report
Pressure is building on the White House to issue official figures on what would happen to the economy if $1.2 trillion in across-the-board federal spending cuts kick in next year.
Many lawmakers facing re-election along with defense industry officials are getting increasingly anxious about a second round of deep cuts to planned national defense spending.
Time is running out to avoid $500 billion in separate budget reductions to defense and domestic entitlement budgets that would kick in Jan. 1, unless Congress passes a broad debt-reduction package that would reduce the federal debt by $1.2 trillion.
Read more ....
My Comment: I am willing to bet that the White House has not even thought of what the impacts of deep defense cuts will be on .... national security, jobs, program costs, retention costs, war costs in conflicts like Afghanistan, etc.. Their focus (right now) is on re-election.
Update: This will get the attention of the White House .... and all voters.
No comments:
Post a Comment