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Air Force

Hagel: FY ’15 Budget Plan Slashes Troop Size, Some Modernization to Protect Readiness

Defense Daily Staff

Monday, February 24th, 2014

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Hagel: FY ’15 Budget Plan Slashes Troop Size, Some Modernization to Protect Readiness

Defense Secretary Chuck Hagel previews the fiscal year 2015 budget request on Feb. 24 with Chairman of the Joint Chiefs of Staff Gen. Martin Dempsey.

The Defense Department will release a $496 billion budget request next week that sacrifices troop strength to preserve readiness and cuts some modernization programs to protects other procurement and research efforts of higher strategic importance, Defense Secretary Chuck Hagel said Monday afternoon. The budget request for fiscal year 2015, which will be sent to Congress March 4, lays out a plan that adheres to congressional spending caps in FY ’15 but spends $115 billion more than allowed under sequestration in…

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