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Defense budget

Latest Headlines

Latest Headlines

Report: DoD needs system to evaluate $100B cost-cutting initiative

An initiative to reduce overhead costs throughout the Defense Department by $100 billion needs a formal evaluation system, a report from the Government Accountability Office says.

CBO lays out possible military budget cuts

A mix of benefits cuts and military force reductions at the Defense Department could drastically reduce the Pentagon budget, said Congressional Budget Office analyst Carla Tighe Murray to a group of government workers and federal budget experts.

DoD future costs will far exceed sequestration caps, CBO says

Defense Department costs between 2014 and 2021 will increase far beyond the caps set by the Budget Control Act, Congressional Budget Office analysis of the DoD future years defense plan report. The CBO conducted its projection of DoD base budget costs and said it would be about $30 billion higher than the DoD projected in the FYDP.

Sequestration will cause higher casualties, reduced manpower, military officers warn Senate panel

Top military officers warned that sequestration would reduce manpower and cause higher U.S. casualty rates in a Nov. 7 Senate Armed Services Committee hearing. Through 2021, Defense Department sequestration cuts will total of $480 billion.

Half of DoD civilian workforce furloughed if government shuts down

About half of the Defense Department civilian workforce will be furloughed if lawmakers can't agree on a measure to fund government operations in the fiscal year that starts Oct. 1, a Sept. 27 DoD statement says.

DoD could save $50 billion by cutting excess personnel and force reduction, report says

The Defense Department could save almost $50 billion in fiscal 2015 if it cuts excess personnel reduces active forces, a Sept. 23 Stimpson Center report says. If the sequester continues, DoD would need to cut its spending by $47.7 billion by fiscal 2015, the report says.

Eaglen: Cuts to military readiness should be part of discussion

Defense Secretary Chuck Hagel should explore cuts to readiness as a way to cope with smaller military budgets, said Mackenzie Eaglen, a fellow at the American Enterprise Institute, during a Brookings Institution event Aug. 6.

Senate Appropriations approves $594.4 billion defense spending bill

The Senate Appropriations Committee approved, Aug. 1, a $594.4 billion defense spending bill that would give a 1 percent pay raise to both civilian defense employees and members of the armed forces. The bill, which was approved 22-8, would set base funding at $516.4 billion with $77.8 billion for Overseas Contingency Operations, the Senate bill report (.pdf) says.

DoD could cut troop numbers, limit pay raises if sequestration continues

The Defense Department could limit pay raises and cut troop numbers and weapons programs among other cuts to deal with the possibility of $52 billion in defense spending cuts in fiscal 2014 due to sequestration, Defense Secretary Chuck Hagel said in a July 31 press conference at the Pentagon.

Senate lays out $625.1 billion for the National Defense Authorization Act

The Senate Armed Services Committee marked up its version of the fiscal 2014 national defense authorization act, laying out $625.1 billion in proposed spending for the Defense Department and defense activities of the Energy Department.