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You are here: Home / Government Contracting News / Continuing Resolution: A cut more costly than sequestration

January 31, 2013 By AMK

Continuing Resolution: A cut more costly than sequestration

Defense leaders have lined up this past month to name the Pentagon’s latest enemy —  an extension of the  continuing resolution — saying it could prove equally, if not more, devastating to the U.S. military in 2013 as the sequestration cuts.

Navy Adm. Bill McRaven joined the growing parade of generals Tuesday to stand behind a lectern and tell a crowd how an extension of the continuing resolution would further damager the U.S. military. The continuing resolution is an agreement by Congress to extend the funding levels of the previous year because of its inability to pass a federal budget.

Better known as the CR, this funding mechanism does not take into account the anticipated growth in defense spending that Pentagon leaders had budgeted. Flattening the budget line leaves the Pentagon feeling at a loss because contracts have been signed and bills need to be paid.

Keep reading this article at: http://www.dodbuzz.com/2013/01/30/a-cut-more-costly-than-sequestration/

Filed Under: Government Contracting News Tagged With: budget cuts, continuing resolution, DoD, sequestration

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