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Budget

Navy Comptroller: Sequester Would Cut Navy Budget By $15 Billion

Wednesday, September 13th, 2023

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Navy Comptroller: Sequester Would Cut Navy Budget By $15 Billion

Artist rendering of the future Columbia-class nuclear-armed ballistic missile submarine (SSBN), which will replace the Ohio-class submarines. (Illustration: U.S. Navy)

The Department of the Navy’s comptroller this week warned if the government faces a sequester starting in 2024 the Navy would face a $15 billion budget cut and if there is a year-long continuing resolution the Navy would have about $26 billion misaligned while the second new nuclear-armed submarine could not be procured. “Despite the stability and responsibility the Fiscal Responsibility Act [FRA] was supposed to give us across the U.S. government, passed by both chambers of Congress, we are…

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