By Craig Whitlock, Published: July 20
The Pentagon is bracing for spending cuts far deeper than what it was expecting just a few weeks ago, including the possible elimination of an aircraft carrier group and other weapons programs, as an increasing number of lawmakers float proposals for slashing the once-sacrosanct defense budget.
Defense officials have been warning for months that the Pentagon must prepare for a new era of austerity after a long period of growth that has swelled military spending to its highest level, adjusted for inflation, since World War II.
But as lawmakers and the White House move closer to a grand bargain that could reshape the country’s fiscal priorities, Pentagon budget planners are scrambling to keep up. Military officials said they are girding for the possibility that they will have to reduce projected spending by as much as $800 billion over the next 12 years.
That’s twice the worst-case forecast they confronted as recently as April, when President Obama warned his administration that it might have to cut $400 billion from its national-security budgets over the same time frame.
“We’re doing due diligence on that,” Gen. James E. Cartwright, vice chairman of the Joint Chiefs of Staff, told reporters at a Defense Writers Group breakfast last week. “But the reality is you’re most worried about a deeper cut. Is there another $400 billion beyond the first $400 billion?”
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more:
http://www.washingtonpost.com/world/national-security/pentagon-braces-for-much-deeper-military-spending-cuts-as-part-of-debt-deal/2011/07/20/gIQAdBKfQI_story.html:wow::wow::wow:
Could this be happening at last?