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PENTAGON ASKS CONGRESS FOR $585.3bn IN FY 2016
The Pentagon and White House are asking Congress for $585.3 billion to fund the country’s defense. $534.3bn is base budget money and an increase of $38.2bn from the prior year. The challenge here of course is that the requested amount exceeds … Continue reading
FY 2015 Budget and Pro Forma Plan Through FY 2019
It looks like the worst may be over for the DoD budget wise. For fiscal year 2015, the services will have a base budget of $496 billion and an overseas contingency (war money) of $79 billion. Moving into 2016 and … Continue reading
In A Move To Cut Expenses, DoD May Do Away With Base Commissaries
It looks like Department of Defense planners may target base Commissaries to reduce annual operating expenses by $1.4B. The DoD’s support for that decision is a 2012 survey in which active duty personnel and military retirees were surveyed to assess … Continue reading
Posted in Uncategorized
Tagged budget, Commissary, DOD
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US Army Restructures Its Combat Organizations
This past June we spoke about a proposed 14% reduction in the U.S. Army’s size. Those changes have already begun and will see the U.S. Army shrinking from current levels of 500,000+ to 490,000 by 2017. The downsizing will put … Continue reading
Posted in Uncategorized
Tagged budget, force, reductions, sequester, U.S. Army
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Snapshot Of Asian Military Spending
Five Asian countries account for $224 billion in military spending, which is nearly 100% of defense spending in the Asia-Pacific region. The analysis excludes Indonesia who plans to spend 66.4 Trillion Rp ($6.9B), an increase of 7.5 Billion Indonesian rupiah ($782,475) … Continue reading
Posted in Economy
Tagged Asia, Asia-Pacific, budget, China, Defense, Japan, South Korea, Taiwan
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I’m Holding My Breath Until I Turn Blue…
Democrats are making increasingly explicit threats about their willingness to let nearly $600 billion worth of tax hikes and spending cuts take effect in January unless Republicans drop their opposition to higher taxes for the nation’s wealthiest households. One of the headlines in … Continue reading
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Tagged budget, Congress, sequestration, tax-cut
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Somber Moods At Eurosatory 2012
Moods are more somber at Eurosatory as the reality of EU’s economy unfolds. Aggravating things further is the looming prospect that budget sequestration for the DOD may be unavoidable.
Posted in Eurosatory
Tagged budget, DOD, EU, Eurosatory, sequestration
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