CBO Projects Defense Spending Under Sequestration; Warns of Recession

[JasonC]

http://www.defensenews.com/article/2...text|FRONTPAGE


Sh!t got real.

Dibs says they solve it in Nov-Dec. How? Extend Bush Tax Cuts and make up phony numbers and gimmicks to put in place of the spending cuts. Gotta love D.C.

[Laworkerbee]

As for the military budget, CBO provides projections assuming that military spending cuts totaling nearly $500 billion over the next decade — mandated by the Budget Control Act of 2011 — go into effect.

That's only 50 Billion a year, maybe, which is pocket change. The FY 2013 Base Budget provides $525.4 billion

[C.Puffs]

That's only 50 Billion a year, maybe, which is pocket change. The FY 2013 Base Budget provides $525.4 billion

Except we all know they'll take it from the area that's the hardest to recover from - procurement. They do it every fvcking time.

[Laworkerbee]

Except we all know they'll take it from the area that's the hardest to recover from - procurement. They do it every fvcking time.

Cause it's easy I imagine. God forbid they actually make any meaningful cuts or close unneeded bases that some congressman wants in his state.