Obama Orders Sequestration Plans -- DoD Buzz
The service chiefs have until Friday to issue their plans to the White House to deal with the budget cuts associated with sequestration should the defense spending cuts be enacted on March 1, according to a Defense News report.
Pentagon leaders had postured for the past year in saying there is no real way to plan for a 10 percent across the board cut that would account for $500 billion over the next decade. As the deadline has approached, and sequestration becomes more real, the service chiefs have changed their tune.
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More News On The White House Ordering Sequestration Plans
Update #1: Military to Send Sequestration Plans to Obama This Week -- Defense News
Update #2: With time ticking towards sequestration deadline, important dates loom large -- al.com
My Comment: I do not see any movement from both the White House and Congress to come to an agreement on sequestration. As a result .... two possibilities will now play out. (1) Another delay/postponement on sequestration, or (2) sequestration occurs and it is then that the Congress and the White House will start to hammer out a deal. What's my prediction .... my money is on #2.
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