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Sky Talk
DoD preparing to find billions more in spending cuts
With no 2011 budget yet approved by Congress and having just finished preparing a 2012 budget proposal, Pentagon budgeteers are back at work looking for ways to cut billions more from defense spending in 2013 and beyond.
According the report in Federal Times, DoD officials are bracing for what they believe will be an order to cut scores of billions of dollars from the five-year Future Years Defense Program (FYDP). This would come in addition to the $78 billion the Pentagon already plans to cut from its planned spending between 2012 and 2016.
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