Sequestration is part of the Budget Control Act that mandates $1.2 trillion in cuts across federal agencies to include $500 million to the military over the next decade. Congress wrote sequestration into legislation to provide motivation for Congress to agree to a deficit reduction plan to replace the federal spending cuts. When they failed to reach such an agreement, sequestration was triggered on March 1.
The sequester will stretch across all four services of the military to include family programs. Only pay and the Department of Veterans Affairs have been exempted by President Obama from the cuts associated with sequestration. Military leaders have little flexibility in applying the cuts because the law mandates the Defense Department absorb a 9 percent cut across all programs.
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Military.com | Feb 26, 2014
The size of the Navy's aircraft carrier fleet remains dependent on whether Congress repeals sequestration even though the Pentagon found a way to maintain plans to keep the $6 billion refueling of the USS George Washington on track. Navy leaders said the service can only afford to refuel the Nimitz-class aircraft carrier by 2016 and mainta... more
Military.com | Dec 13, 2013
The U.S. House of Representatives passed legislation Thursday that would reduce pay raises for troops and retirement benefits for veterans. A day before adjourning for holiday recess, the Republican-controlled chamber voted 332-94 to approve the Bipartisan Budget Act. Under the bill, federal agencies such as the Defense Department would avoid a... more
Military.com | Dec 11, 2013
The heads of the congressional budget committees on Tuesday announced a federal budget deal that would partially shield the Defense Department from automatic spending cuts. Rep. Paul Ryan, R-Wis., chairman of the House Budget Committee, and Sen. Patty Murray, D-Wash., his counterpart in the Senate, unveiled an agreement that would undo abou... more
Military.com | Dec 04, 2013
A historically unproductive Congress is running out of days this calendar year to approve the defense budget. Senate Majority Leader Harry Reid, D-Nev., initially wanted to pass the 2014 National Defense Authorization Act before Thanksgiving. The House has already approved its version of the legislation, which sets policy goals and spending... more
Associated Press | Nov 29, 2013
WASHINGTON - Warnings from defense officials and some experts are mounting and becoming more dire: The nation's military is being hobbled by budget cuts. "You'd better hope we never have a war again," the House Armed Services Committee chairman, Rep. Howard "Buck" McKeon, R-Calif., said of the decline in what the military calls its readiness. ... more