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Search Tags: defense spending
New figures show U.S. defense spending grew by just under 3 percent last year. That's compared with more than seven percent on average for most of the decade.
Beginning in February, all Defense Department components will be required to use new online tools to generate cost estimates for "any new proposal or initiative, large or small." Secretary Robert Gates in a memo urged DoD employees to start using the online tools now.
The defense budget will shrink by at least $15 billion in fiscal year 2012, Military Times reports.
The Defense authorization bill has been on the Senate calendar, and off the Senate calendar. Now it's on again. The Senate majority leader is now promising to bring a 2011 defense authorization bill to the floor for a vote.
In addition to cuts in federal pay and furloughs for government workers the commission also wants to roll back defense spending. Carl Conetta, Co-Director of the Project on Defense Alternatives, says we're on the right track with defense cuts.
The world has changed and the United States Air Force must change too, Air Force Chief of Staff Gen. Norton Schwartz said at the National Press Club.
Congress is getting ready to sink its teeth into the massive shifts in defense spending proposed by Defense Secretary Robert Gates.
The Pentagon's top watchdog has abandoned efforts to do in-depth audits of defense contracts, leaving billions of dollars in taxpayer money at risk because of overpayments and fraud, according to an investigative report due to be made public Thursday.
SECDEF Gates announced Monday his plan to move $100 billion in spending from back-office functions to war fighter needs.