Budget Control Act
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The Obama administration already has made clear that it will request a budget Monday which violates the automatic spending caps in existing law. But for DoD, the war accounts, which are exempt from the caps, may serve as a backup plan.
February 02, 2015 -
The Army says it is now replacing funds in its readiness accounts that were depleted when cuts under sequestration first kicked in a year ago. But last year's readiness problems are likely to repeat in 2016 and beyond if Congress allows the automatic Defense cuts in current law to persist.
March 26, 2014 -
On this week's Capital Impact show, Bloomberg Government analysts discuss cuts made by Congress to the defense budget, and the winners and losers in this budget battle. January 23, 2014
January 23, 2014 -
Pentagon Comptroller Robert Hale told In Depth with Francis Rose Friday the Defense Department will not be cutting any more furlough days for Fiscal 2013. Now, DoD is waiting for Congress to finish marking up the president's budget request. If it fails to do that before Oct. 1, Hale said his agency may be forced to trim $52 billion from next year's budget to offset automatic cuts from the Budget Control Act.
August 09, 2013 -
With fewer new federal contracts on the horizon, vendors are trimming staff, changing direction and hedging their bets as sequestration plays out, according to the results of an exclusive Federal News Radio survey. Contractors are also blaming sequestration for low morale in their offices.
July 30, 2013 -
Agencies should not change their spending plans for this year or next, but need to start assessing which programs would be impacted by automatic sequestration cuts if Congress doesn't cancel them, OMB acting Director Jeff Zients told Congress Wednesday.
August 02, 2012 -
Civilian agency payrolls would be most vulnerable under automatic budget cuts set to kick in on Jan. 2. A new AIA and George Mason University study claims 229,000 non-defense federal jobs would be eliminated.
July 18, 2012 -
Benjamin Friedman, a CATO Institute research fellow, said sequestration prevents intelligent spending cuts, but that doesn't necessarily mean DoD lacks room to make smarter ones.
June 21, 2012 -
In two memoranda released late Friday, the Office of Management and Budget told agency heads they must cut 5 percent from their 2014 budgets and use evidence-based evaluations.
May 21, 2012 -
House military personnel subcommittee asserts retirees have already paid for their health care via their military service, omits DoD proposal to hike TRICARE fees.
April 27, 2012 -
Navy and Marine Corps officials are upbeat about how they'll fare under the current round of budget cuts. Navy Department officials said the strategy DoD developed following the passage of the Budget Control Act aligns perfectly with the capabilities of the maritime services.
April 19, 2012 -
Congress returns to session this week with a few short months to reach a budget resolution for the new fiscal year starting Oct. 1 and agree on how to avoid the automatic spending cuts of $1.2 trillion over the next decade that will be triggered Jan. 2, 2013, under the Budget Control Act debt limit deal. But don't expect much to get accomplished before the election, say budget experts.
April 16, 2012 -
Air Force Secretary Michael Donley said Monday there are certain capabilities the service must keep whole as it navigates the current budget situation. He did not offer clues as to what the service would be willing to give up.
September 20, 2011