Wednesday, March 5, 2014

The Pentagon Releases It's 2015 Budget Proposal

U.S. Secretary of Defense Chuck Hagel makes remarks to the press on looming budget cuts at the Pentagon, Arlington, Virginia, February 24, 2014. Credit: Reuters/Mike Theiler

With 2015 Budget, Pentagon Looks Beyond Afghanistan -- Reuters

(Reuters) - The Pentagon unveiled a $496 billion base budget on Tuesday that looks beyond Afghanistan to future U.S. security challenges after a dozen years of war, cutting the military to afford more training and new weapons as it adapts to an era of tighter spending.

The budget set the Obama administration on a collision course with Congress by trying to eliminate popular older weapons systems and curb military compensation while seeking $26.4 billion in additional defense spending to be paid for by closing tax loopholes and cutting mandatory spending.

The spending plan released on Tuesday means the Pentagon's base budget for the 2015 fiscal year essentially would remain flat for a third consecutive year as the department responds to directions to cut nearly $1 trillion in spending over a decade.

Read more ....

More News On The Pentagon Releasing It's 2015 Budget Proposal

Defense Budget Request Squares Priorities, Resources -- US Department of Defense
DoD Secretary Hagel Comments on President's FY 2015 Budget -- Pacific News Agency
DoD Proposes $154 Billion for New Weapons, R&D in 2015 -- Defense News
Pentagon seeks weapon spending $25 billion less than planned -- Chicago Tribune/Bloomberg
US Navy Budget Takes Bite Out of Aircraft, Weapons -- Defense News
Navy 2015 Budget Nearly Halves LCS, F-35 Buys -- National Defense
US Army Plans to Cut 3 of 13 Aviation Brigades by 2019 -- Defense News
Army Budget Makes Force Structure, Modernization Cuts Official -- National Defense
MDA’s $7.459 Billion Budget Request Protects Defense Priorities -- Defense Daily
DOD Officials: Another Budget Sequester Would Increase Risk -- US Department of Defense
White House seeks halt to military spending cuts -- L.A. Times
2015 defense plan would keep links to Europe -- Washington Post/AP
Pentagon Chooses Machinery Over Manpower in Budget Battle -- Dan Lamothe, The Complex/Foreign Policy
GOP Hawks Blast Obama Budget; $26B Wish List Could Be Doomed -- Defense News

WNU Editor: The Pentagon's 2015 Budget proposal is here.

We will be updating this post late Wednesday night.

No comments: