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Budget

Hagel: Budget Review Won’t Be ‘Grand Plan’

Julie Samuel

Thursday, June 27th, 2013

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Hagel: Budget Review Won’t Be ‘Grand Plan’

Defense Secretary Chuck Hagel said Wednesday that the Pentagon is not planning a “rollout of any grand plan” when it releases the findings of a comprehensive budget review in the coming days. Hagel has been briefed on the Strategic Choices and Management Review--a wide-reaching analysis of how the defense budget would be impacted by “sequestration” cuts--and the Pentagon plans to deliver it to Congress by early next week. Sequestration is the $500 billion reduction in decade-long defense spending that started…

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