From the March Congressional Budget Office report on Pentagon spending cuts: In 2013, the Department of Defense (DoD) faces an 11 percent reduction (after adjusting for inflation) in its base budget from the amount it received in 2012. (The base budget funds the department’s normal activi- ties but excludes overseas military operations like those in Afghanistan.) Under current law, the department’s bud- gets will increase by a cumulative total of 2 percent more than inflation between 2013 and 2021, still well below its funding in 2012 in real (inflation-adjusted) terms. Those limits are mandated by the Budget Control Act of 2011 (BCA), which capped annual funding for defense and nondefense agencies during that period.
CBO Report on DoD Reductions
March 26, 2013 1:53 PM
Sam LaGrone
Sam LaGrone is the editor of USNI News. He has covered legislation, acquisition and operations for the Sea Services since 2009 and spent time underway with the U.S. Navy, U.S. Marine Corps and the Canadian Navy.
Follow @samlagrone
Related Posts
SECNAV Del Toro Names Next Big Deck Amphib USS Helmand Province
WASHINGTON, D.C. – Secretary of the Navy Carlos Del Toro has named the next America-class big deck amphibious warship after…
Report to Congress on Polar Security Cutter Program
The following is the April 29, 2024, Congressional Research Service report, Coast Guard Polar Security Cutter (Polar Icebreaker) Program: Background…
House Lawmakers Pushing for 2 Virginia Subs in FY 2025, CNO Franchetti Gives Details on Boxer Repair
A group of 120 House lawmakers are asking the House Appropriations defense subcommittee to add another Virginia-class attack submarine to…
Navy Elects to Fix USS Boxer Rudder with Divers, Repair Could Take 2 Months
Divers will attempt to repair the big deck amphibious warship USS Boxer (LHD-4) in the water while the ship is…