Battleland

Countdown to Sequestration: Three Months to Go

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DoD photo / Erin A. Kirk-Cuomo

Secretary of Defense Leon Panetta: "I'll take whatever the hell deal they can make right now to deal with sequestration,” he says of Congress.

The impending cut of $1.2 trillion in deficit spending has given Congress the vapors. Its members have hustled back home, seeking re-election for the great job they’ve done on behalf of their constituents. Is this a great country, or what?

It’s been plain for the past several months that Congress, and President Obama, wouldn’t come up with that deficit-reduction package – spending cuts, tax increases, or some combination of both – before the election. Whether they’ll be able to it in a lame-duck session following the vote is an open question. Most Congress-watchers think, at a minimum, they’ll kick the problem down the road apiece (editor’s note: isn’t this what caused the problem in the first place?).

The Pentagon and related agencies would take half the hit, or about $600 billion. That’s roughly a 10% cut in all its non-personnel accounts over what they had planned to spend over the coming decade. It would set Pentagon spending back to 2007’s level.

Defense Secretary Leon Panetta is beginning to sweat, just a little. “I’ll take whatever the hell deal they can make right now to deal with sequestration,” he said Thursday.

“Just the shadow of sequester being out there continually is something basically creates a problem for us as we try to plan for the future,” he groused. “We need stability. You want a strong national defense for this country? I need to have some stability. And that’s what I’m asking the Congress to do: give me some stability with regards to the funding of the Defense Department for the future.”

5 comments
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akpat
akpat

We spend 2.5X what the next 10 countries COMBINED spend on defense. Just ho much is enough. This country cannot continue to support the rest of the world as policemen. Why is it we are still in Europe, the far east, Afghanistan, and Korea.

If these people want us there its time to pay us. They are happy to have our protection while their corporations just dump on US industry.

time to scale it back to defense of this nation and not others.

In the meantime Twitt Romney wants to increase spending 30%. I guess if you pay enough over the odds you might get a plane that flys.

CitizenKK
CitizenKK

dummy...that's why we don't have a war on our soil.....

kms123
kms123

The Pentagon is a blackhole where billions of dollars disappear. We need strong defence but that does not mean that we should have wasteful expenditure.

CitizenKK
CitizenKK

how British of you..."defence"...it's defense you idiot.....

Talendria
Talendria

When you use Beltway-speak like sequestration, please define it.  I had to go look it up.

Also, no one involved in the brinksmanship of the past two years deserves to get reelected.  Democrats and Republicans love pointing the finger at each other, but the bottom line is they all failed to do their jobs.  We the people need to stop rewarding graft and incompetence.

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