Pentagon Prepares for Defense Cuts | The consequences of defense cuts are being wildly exaggerated
Defense Corporations Worry Delay of Sequester Won’t Stop Pentagon Cuts
The defense industry and their colleagues in the US Congress are wringing their hands over scheduled cuts to the Pentagon's budget, which Congress postponed for at least two months last week with their tax bill. The so-called 'fiscal cliff' - the set of tax increases...
Congress Postpones ‘Automatic’ Defense Budget Cuts
Congress Avoids Most Tax Hikes, Postpones Spending Cuts | Sequestration cuts postponed for two months
Ryan Accuses Biden of Cuts to Defense, That He Voted For
In the Vice Presidential debates on Thursday, GOP candidate Paul Ryan accused the Obama administration of supporting deep cuts to defense budgets, a fiction that is embarrassing for a congressman who in fact voted for the cuts he criticizes the administration for...
Military Fears Minuscule Cuts to Defense Budget
Retired military officials say they're concerned about potential automatic budget cuts to the Defense Department which may equal up to $500 billion over the next 10 years, in addition to the nearly $500 billion the Pentagon has already cut from its budget over the...
Pentagon’s Warnings Against Defense Cuts Are Overblown
For months the Obama administration has warned that any serious cuts to the defense budget would be harmful to national security, but any viable cuts would be minuscule. The Pentagon expected to receive roughly $7 trillion over the next decade. Of that, it has already...
Panetta Warns Debt Committee Against Cutting Defense Budget
Defense Secretary Leon Panetta declared Thursday that he will not see the Pentagon budget cut. "I don't want to hollow out the force," Panetta told the Senate Armed Services Committee. "I am not going to do that." Either forgetting or disregarding two important...
Pentagon’s No-Bid Contracts for Defense Have Tripled Since 9/11
The Pentagon's use of no-bid contracts to defense industry corporations for war goods and weapons has tripled since 9/11, despite promises to reform the controversial practice. After pledges and orders from President Barack Obama and Defense Department leaders to...
Israeli Protests May Influence Freeze in Defense Budget
Israeli plans to significantly increase their defense budget in response to the popular upheavals throughout the Arab world may be shelved for at least a year. Various factors, from the Israeli protesters in Tel Aviv to the global financial crisis, have led Prime...