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Panetta Cautious On Second Wave Of Deficit Cuts

Julie Samuel

Thursday, August 4th, 2011

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Defense Secretary Leon Panetta pledged yesterday to fight against significant Pentagon funding reductions in a second round of government spending cuts a new committee will weigh later this year under the new deficit-reducing plan. His comments, in a message to all Department of Defense (DoD) personnel, came as multiple defense-related parties weighed in the makeup of the forthcoming 12-member Joint Select Committee on Deficit Reduction. President Barack Obama signed into law on Tuesday a federal deficit-reducing bill that calls for…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

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Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

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Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]