Regardless of who wins the November presidential election, current law dictates that massive cuts in defense spending will take affect on Jan. 2, 2013. It’s a policy known as sequestration, and it will take $492 billion out of the defense budget. Speaking at Heritage’s Bloggers Briefing this week, House Armed …
Lawmakers in Washington have six months to figure out a way to avoid the automatic, across-the-board spending cuts agreed to in last year’s debt-limit deal. Those cuts disproportionately target defense, prompting concerns from across the political spectrum. Leading the charge in Congress is Rep. Buck McKeon (R-CA), chairman of the …
America is nearing a decisive moment. Unless Congress acts to change current law, automatic sequestration cuts will slash future spending on national defense across the board by more than $500 billion beginning early next year. Combined with the $487 billion in cuts already put forward by the President in …
