Army Chief of Staff General Ray Odierno claimed on January 24 that if there is not a legislative solution to the long-standing budget impasse soon, “we will create a hollow force,” drastically hampering military readiness even further. Chief Naval Officer Admiral Jonathan Greenert finally recognized on Friday that if sequestration …
President Obama will release his annual budget proposal late yet again. Choosing the date is not merely a convention. By law, the President must release the budget by the first Monday in February, which falls on February 6 this year. Yet yesterday the Administration announced it will release its fiscal …
The missile defense budget has been on the chopping block ever since the Obama Administration took office. In 2009, President Obama proposed $1.6 billion in cuts compared to the prior year’s budget estimate. In 2010, the Administration proposed a modest increase in the missile defense budget for FY 2011 but …
Next week, the House Budget Committee will consider the fiscal year 2012 budget resolution in what is expected to be a marathon committee markup. The committee faces a dire budget reality; with entitlement spending that is absorbing essentially all of our federal income, while non-security discretionary spending is dramatically increasing. …
