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Pentagon Cuts Eased by $22.3 Billion in U.S. Budget Accord
Source: Bloomberg News
Pentagon Cuts Eased by $22.3 Billion in U.S. Budget Accord (1)
By Tony Capaccio December 12, 2013
The U.S. Defense Department would get $22.3 billion in relief from spending cuts this fiscal year under the budget deal reached by congressional negotiators, according to aides to lawmakers and Pentagon officials.
The Defense Department would still face about $30 billion in cuts under the process called sequestration in the year that began Oct. 1, down from $52 billion previously required, according to the aides and officials, who asked not to be identified discussing details that havent been made public.
The proposal engineered by Democratic Senator Patty Murray of Washington state and Republican Representative Paul Ryan of Wisconsin would ease the automatic cuts in defense and domestic programs for two years, remove the risk of a government shutdown and cut the deficit by $23 billion.
Unlike stopgap spending legislation now in effect, the budget deal and appropriations measures that would follow would let the Department of Defense award new multi-year contracts to contractors, start new programs and increase the production rates for existing ones.
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By Tony Capaccio December 12, 2013
The U.S. Defense Department would get $22.3 billion in relief from spending cuts this fiscal year under the budget deal reached by congressional negotiators, according to aides to lawmakers and Pentagon officials.
The Defense Department would still face about $30 billion in cuts under the process called sequestration in the year that began Oct. 1, down from $52 billion previously required, according to the aides and officials, who asked not to be identified discussing details that havent been made public.
The proposal engineered by Democratic Senator Patty Murray of Washington state and Republican Representative Paul Ryan of Wisconsin would ease the automatic cuts in defense and domestic programs for two years, remove the risk of a government shutdown and cut the deficit by $23 billion.
Unlike stopgap spending legislation now in effect, the budget deal and appropriations measures that would follow would let the Department of Defense award new multi-year contracts to contractors, start new programs and increase the production rates for existing ones.
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Read more: http://www.businessweek.com/news/2013-12-11/pentagon-cuts-eased-by-22-dot-3-billion-under-congressional-accord
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Pentagon Cuts Eased by $22.3 Billion in U.S. Budget Accord (Original Post)
Eugene
Dec 2013
OP
think
(11,641 posts)1. $498 billion NOT INCLUDING WAR TIME SPENDING, The DHS, Veteran's programs etc etc
What a load of crap.
Add in War Time spending, the DHS, Veteran's programs and our war budget is going to cost almost a trillion dollars.
The true cost of national security
By David Cay Johnston /
United States Project
03:02 PM - January 31, 2013
~Snip~
But wait!Theres more.
Each year the Director of National Intelligence releases a total budget figure for national intelligence. For fiscal 2013 it was $52.6 billion, down from $53.9 billion in fiscal 2012. National security includes the NSA, CIA, and other intelligence services. Military intelligence spending, included in the base Defense budget, was $19.2 billion. (A good place to track these budget issues is the Federation of American Scientists Intelligence Resource Program.)
Next theres $19.2 billion for the nuclear bomb-making arm of the Energy Department. Homeland Security includes $13.2 billion for customs and border patrol and $10.5 billion for the Coast Guard.
Then there is the considerable cost of wars past. The budget shows almost $139 billion for Veterans Affairs, though the numbers are presented in the budget text in a way that anyone not reading carefully would think is less than half that much.
Add all these up and the total cost grows 86 percent, to $977.5 billion. Most military intelligence spending is buried in these figures.
~Snip~
http://www.cjr.org/united_states_project/the_true_cost_of_national_secu.php?page=all
By David Cay Johnston /
United States Project
03:02 PM - January 31, 2013
~Snip~
But wait!Theres more.
Each year the Director of National Intelligence releases a total budget figure for national intelligence. For fiscal 2013 it was $52.6 billion, down from $53.9 billion in fiscal 2012. National security includes the NSA, CIA, and other intelligence services. Military intelligence spending, included in the base Defense budget, was $19.2 billion. (A good place to track these budget issues is the Federation of American Scientists Intelligence Resource Program.)
Next theres $19.2 billion for the nuclear bomb-making arm of the Energy Department. Homeland Security includes $13.2 billion for customs and border patrol and $10.5 billion for the Coast Guard.
Then there is the considerable cost of wars past. The budget shows almost $139 billion for Veterans Affairs, though the numbers are presented in the budget text in a way that anyone not reading carefully would think is less than half that much.
Add all these up and the total cost grows 86 percent, to $977.5 billion. Most military intelligence spending is buried in these figures.
~Snip~
http://www.cjr.org/united_states_project/the_true_cost_of_national_secu.php?page=all
Lying with statistics sucks ass.....