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unhappycamper

(60,364 posts)
Thu Jan 2, 2014, 08:37 AM Jan 2014

(military) Sequestration continues, but cuts not as deep

http://kdhnews.com/military/sequestration-continues-but-cuts-not-as-deep/article_23349516-7296-11e3-8986-001a4bcf6878.html

Sequestration continues, but cuts not as deep
Posted: Wednesday, January 1, 2014 4:30 am
Rose L Thayer | Herald staff writer

Year two of sequestration begins today, but Congress’ end-of-year budget deal lessened the effects of the cuts to the Defense Department.

Military officials’ pleas to Congress to ease sequestration had some impact. Sequestration — the across-the-board cuts of the Budget Control Act of 2011 — were passed last year as a means to reduce the federal government’s deficit by $1.2 trillion over a decade.

In 2014, sequestration cuts on the department were reduced to about $30 billion instead of last year’s hard-hitting $46 billion.

“This agreement does not solve all of DOD’s budget problems, but it helps us address our readiness, especially in 2014, with putting more money back into training in particular, and procurement,” said Defense Secretary Chuck Hagel during a news conference in December. “It also gives us some new certainty and predictability for our planning, for our budgeting over the next two years, which is particularly important.”




unhappycamper comment: DoD to Americans: Sorry about your Food Stamp and unemployment cuts, but we need new toys.
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