iBankCoin
Joined Nov 11, 2007
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Classic Gubmint Behavior

“U.S. military leaders really don’t want the defense budget cut, and they’re willing to do some serious damage to vital programs to prove their point to Congress.

With automatic reductions set to kick in soon, the Department of Defense stands to lose about $48 billion, or 7.4% of the $645 billion it is set to receive this year.

But both civilian and military leaders at the Pentagon are adamant about not losing this money, and have resorted to what some have called “hysterics” to convince lawmakers to do something.

During testimony before the House and Senate armed services committees, the deputy secretary of defense and the entire Joint Chiefs of Staff reportedly depicted the coming cuts (referred to as sequestration) as unleashing “doomsday” on the nation’s military.

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