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You are here: Home / Government Contracting News / Budget writers at Pentagon move forward despite spending threat

December 31, 2012 By AMK

Budget writers at Pentagon move forward despite spending threat

The Pentagon is pretending the threat of the “fiscal cliff” doesn’t exist when it comes to the Defense Department’s 2014 budget.

Budget planners are preparing their 2014 budget as if lawmakers will avoid the spending cuts known as sequestration that are scheduled to hit the Pentagon in January.

“We are still hopeful that Congress will pass a balanced deficit reduction plan that the president can sign, and sequestration is averted,” Pentagon spokeswoman Lt. Col. Elizabeth Robbins said.

Keep reading this article at: http://thehill.com/blogs/defcon-hill/budget-appropriations/274707-pentagon-budget-moves-forward-despite-fiscal-cliff.

 

Filed Under: Government Contracting News Tagged With: budget, budget cuts, DoD, fiscal cliff, sequestration, spending

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