Furlough Inferno: The Crazy Inconsistencies Of A Government Shutdown
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WASHINGTON: This summer’s unpaid leave for federal workers was unpleasant enough. If the government shuts down October 1st, though, this fall’s furloughs are just going to be crazy. A patchwork of legal exceptions and grey areas will not only prevent most federal civilians from getting work done but, indirectly, keep many military servicemembers from getting… Keep reading →
Fear, Changing Threats Drive SCMR, OpPlans Rewrite; Cut Readiness Dough, Analysts Say
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WASHINGTON: Turmoil, fear and a certain resolute grimness marked this week at the Pentagon and Capitol Hill. The military scrambled to cope with a range of new threats as Defense Secretary Chuck Hagel and the Pentagon leadership begin to grapple with the grim future posed by the automatic budget cuts known as sequestration. Put it all… Keep reading →
Best Case For Sequester Is Still Disaster, Top Experts Say
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CAPITOL HILL: The best case for sequester is still a disaster – but we’re not going to get the best case. That’s the common denominator from a range of budget options rolled out today by an extraordinary alliance of four thinktanks. Their consensus recommendations to cut military readiness, Army brigades, Navy carriers, Air Force ICBMs,… Keep reading →
Sequestration: Buck McKeon’s 3-Front War Will Fail — But At Least CR May End
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WASHINGTON: As House Speaker John Boehner went to the White House for fruitless talks on sequestration, House Armed Services Committee Chairman Buck McKeon convened reporters to tell both the President and his own party leadership, “we are done cutting our defense.” But the very fact that McKeon had to send this message via the media… Keep reading →
Rep. Randy Forbes Offers Hail Mary Play To Stop DoD Sequestration Cuts – EXCLUSIVE
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WASHINGTON: With the automatic budget cuts known as sequestration set to start taking effect March 1st, we’re going to see a lot of interesting last-minute plays to stop them. It’s almost certain none of them will work. But Rep. Randy Forbes’s bill introduced this morning, H.R. 773, at least offers the virtue of simplicity: At… Keep reading →
Shipbuilders Worry ‘Devastating’ Job Effects From Sequestration, CR
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[UPDATED and CORRECTED Jan. 31 at 3:45 pm Shipbuilders’ Council Says Job Loss Numbers Are Estimates And Not Official Council Numbers] WASHINGTON: For anyone who believed those who have claimed that defense cuts don’t affect “real” jobs or the economy, today appears to be a sobering day. At Tuesday’s general meeting of the Shipbuilders’ Council… Keep reading →
Debt Limits, General Dynamics, & Beyond: Defense Industry Braces For Sequester
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WASHINGTON: While the House has voted to extend the debt limit to May, the automatic federal spending cuts called sequestration still loom $90 billion large, half that bill for the Pentagon alone. Yet, as fourth quarter earnings calls begin, the defense industry and its stock values remain remarkably resilient. What gives? Or rather, what isn’t… Keep reading →
Why Sequestration May Be The Least Worst Case
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WASHINGTON: A year ago, the automatic budget cuts known as sequestration looked like the nightmare scenario. Today, amidst deepening gridlock and the threat of the first federal default in US history, they’re starting to look like the lesser evil. “The debt ceiling is clearly the priority,” said the city’s leading independent budget analyst, Todd Harrison… Keep reading →
Hagel Nomination Complicates Sequester Deal: Fierce Fights Ahead
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[UPDATED 3:30 pm on 1/8/2013 with revised CSBA estimates] WASHINGTON: The battle of the fiscal cliff is over, but the war to stop sequestration rages on – and President Obama’s decision that his new Secretary of Defense should be former Sen. Chuck Hagel, the Republican other Republicans love to hate, makes it even harder to… Keep reading →
It’s Too Late To Stop Sequester: HASC Rep. Randy Forbes EXCLUSIVE
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WASHINGTON: “I am fully expecting to see sequestration in some form beginning in January,” Rep. Randy Forbes told Breaking Defense in an exclusive interview. And those automatic cuts — or even the more targeted cuts likely in any deal to avoid a sequester — would undermine the nation’s new Pacific-focused strategy and the military’s AirSea… Keep reading →