David Berteau, senior vice president and director of the International Security Program and Ryan Crotty, a research associate with the CSIS Defense-Industrial Initiatives Group, joined Francis Rose for Pentagon Solutions. According to their research, the effect of sequestration on the defense budget may not be as catastrophic as Pentagon leaders have conjectured.
The chairman of the House Armed Services Committee introduced a bill that cuts 10 percent of the federal workforce to avoid the first year of automatic cuts to the Defense Department.
Rep. Chris Van Hollen (D-Md.) said he\'s disappointed in the supercommittee\'s failure to reach a deal, and he called the looming automatic cuts launched by the sequester \"draconian.\" If the deepest cuts are enacted — about 8 to 9 percent in cuts to annual agency budgets — feds should prepare for the worst, he said.
Furloughs, layoffs, more buyouts and shrinking pay and benefits. Those have all heightened the awareness of \"Sequestration Anxiety,\" Tom Shoop, the editor-in-chief of Government Executive magazine, said in an interview on In Depth with Francis Rose.
Steve Losey is a reporter with Federal Times. He brings a recap of the supercommittee stalemate and what the deficit could mean for federal employees.
Todd Harrison, a senior fellow at the Center for Strategic and Budgetary Assessments, joined the Federal Drive with Tom Temin and Amy Morris to discuss how sequestration will affect defense managers and contractors. He said the threat of automatic, across-the-board cuts from sequestration will hang over DoD for the next year.
The administration, lawmakers and others are sounding off on the failure of the supercommittee to reach a deal for cutting more than $1 trillion from the deficit. Facing automatic, across-the-board cuts — half from defense and half from civilian agencies, beginning in 2013 — the consensus now seems to be Congress should work to come up with an alternative deficit-reduction plan.
Stan Collender, a budget expert and partner at Qorvis Communications, said nobody should panic just yet about possible automatic, across-the- board cuts. They won't be enacted immediately, he told the Federal Drive with Tom Temin and Amy Morris. And Congress could still wiggle out of them.
Senators John McCain and Lindsey Graham want Defense Secretary Leon Panetta to take a look at what a supercommittee failure would mean for the military.
If the debt reduction supercommittee fails to come up with spending cut recommendations by Nov. 23, automatic across-the-board cuts will go into effect. Lawrence Korb of the Center for American Progress analyzes what these cuts could mean for the Pentagon.
In the face of suggestions that the military of the future will rely more on air and sea power than ground forces, Army leaders say such arguments were wrong in the past and are wrong now.
Ashton Carter, the nominee to be the new deputy Defense secretary, said DoD will need to consider civilian employee furloughs, the abandonment of major weapons systems and a severe curtailing of military training if the sequestration envisioned by Congress as a budget-cutting forcing function takes effect.