Saturday, December 14, 2013

Hard Decisions On The Pentagon Budget Delayed To Another Day

The latest budget deal doesn’t do much to alleviate the military’s real budget issues.

Punting On The Pentagon Budget -- Mackenzie Eaglen, USA Today

This week, the House has passed and the Senate is expected to pass a revised budget plan for the next two years proposed by House Budget Committee Chairman Paul Ryan, R-Wis., and Senate Budget Committee Chairwoman Patty Murray, D-Wash. For the Pentagon, the deal represents not only a chance for Congress to return to a "regular order" appropriations process that would lead to more predictable funding levels, but also a slight plus-up in funding from sequestration-level reductions (automatic budget cuts implemented by Congress in the Budget Control Act).

The budget would restore about $32 billion of the Pentagon's roughly $500 billion bill under sequestration. The relief – which would come in the form of a little over $22 billion in 2014 and about $9 billion in 2015 – would give the military some breathing room in the near term while avoiding deeper long-term cuts, as several other "fixes" had previously proposed. While this agreement is a positive step towards unwinding the sequester, the Defense Department's budget woes are simply lessened, not eliminated.

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My Comment: The culture of "tax, spend, and borrow" is what the voters want and the politicians (who are always elected by these voters) are more than willing to give it to them.  .... and this latest budget deal is just that .... tax , spend, and borrow .... and give the bill to future generations.

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