Pima
10-Year Member
- Joined
- Nov 28, 2007
- Messages
- 13,900
Just curious if people believe we will go off the cliff, and if so what their assumptions will be regarding the impact on the military.
If I am correct 59BN will have to be cut from this yrs defense budget.
http://www.nationaljournal.com/congress-legacy/what-happens-if-we-go-over-the-fiscal-cliff-20121227
My bet is a large chunk will come from man power attrition for AD and GS, and even slowing down promotion boards.
If I am correct 59BN will have to be cut from this yrs defense budget.
http://www.nationaljournal.com/congress-legacy/what-happens-if-we-go-over-the-fiscal-cliff-20121227
Big, bad sequestration. $1.2 trillion of automatic spending cuts, slated to go into effect over the course of nine years, will kick in beginning on Jan. 2 if lawmakers can’t come up with an alternate budget deal, as mandated by the Budget Control Act of 2011. For 2013, that means $109 billion in cuts, half from the national defense budget
My bet is a large chunk will come from man power attrition for AD and GS, and even slowing down promotion boards.
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