White House Misses Deadline for Sequestration Report
Sep. 7, 2012 - 01:00PM |By STEPHEN LOSEY and ANDY MEDICI
The Obama administration has missed a key deadline to submit a report on how it would implement $109 billion in across-the-board budget cuts scheduled to take effect Jan. 2.
The administration was supposed to send to Congress by Sept. 6 detailed information on every account that would be affected under sequestration, including how much money would be cut from every program, project and activity level.
But that day, the administration told Federal Times the report will come “late next week.” The administration said it needed more time to address the complex issues involved in planning for sequestration.
Washington is hungry for details on how the government plans to absorb these cuts, which are required by last year’s Budget Control Act unless Congress and the administration agree on a path to reducing budget deficits by $1.2 trillion through 2021. Congress last month passed the Sequestration Transparency Act mandating the report. But there have been few official details released so far....
Candidates Draw Battle Lines Over DoD Spending
Sep. 8, 2012 - 01:35PM |By JOHN T. BENNETT
As both U.S. presidential candidates return to the campaign trail after their conventions, the competing sides have drawn a bright line between how they view defense spending.
On the Democrats’ side, President Barack Obama believes additional defense cuts must be part of a broader deficit-reduction plan. Republican Mitt Romney does not, and instead wants to increase military spending.
During a prime-time address Sept. 6 at the Democratic National Convention, Obama said voters have “a choice” about their next commander in chief: a proven commodity or a novice.
“My opponent and his running mate are new to foreign policy,” Obama said of Romney and House Budget Committee Chairman Rep. Paul Ryan, D-Wis. “But from all that we’ve seen and heard, they want to take us back to an era of blustering and blundering that cost America so dearly.”
Obama drew a sharp contrast with Romney over Pentagon spending, bashing Romney for plans to substantially increase Pentagon spending as the nation’s finances remain bleak.
“While my opponent would spend more money on military hardware that our Joint Chiefs don’t even want, I will use the money we’re no longer spending on war to pay down our debt and put more people back to work,” Obama said...
I presume to include those redeployed, and Veterans who get to join the unemployment lines, but I digress. Read the rest here.
And then there is Romney:
I Will Maintain Our Military Might
Fact: We cannot know for sure what Romney will do, and whether this is mere empty vote-grabbing rhetoric.
Fact: From the Troops and Veterans I know, Obama's record of supporting our Troops? Abysmal, at best.
Pay attention, America.