Budget cuts hit the Navy hard

Top officials from the U.S. Navy and Marine Corps told lawmakers on Tuesday that across-the-board budget cuts in fiscal 2013 and 2014 would reduce readiness and cut heavily into their procurement and research and development programs. Chief of Naval Operations Admiral Jonathan Greenert said budget requests required under sequestration had cut about $6.1 billion, or 8 percent, from the Navy's investment programs in fiscal year 2013, which ends Sept. 30.