By the end of this week, the Pentagon must submit its plans to the White House for how it will deal with automatic defense spending cuts set to kick in March 1, according to defense sources.
That Feb. 8 deadline will mark the beginning of a series of high-level meetings with lawmakers scheduled throughout what will be a hectic February as the calendar inches toward the automatic cuts, known as sequestration.
Unless Congress takes action, which seemed unlikely last week, sequestration calls for a series of defense spending cuts totaling $500 billion over 10 years.
Keep reading this article at: http://www.defensenews.com/article/20130202/DEFREG02/302020012/Military-Send-Sequestration-Plans-Obama-Week?odyssey=tab%7Ctopnews%7Ctext%7CFRONTPAGE
