Offiziere.ch: Automatic Budget Cuts Threaten U.S. Navy Readiness

21.02.13

Categorie: Budget, David Axe, Naval, Politics |
Tags: ,

The cruiser USS <em>Mobile Bay</em> takes on supplies. <em>Photo: Navy</em>

The cruiser USS Mobile Bay takes on supplies. Photo: Navy

by DAVID AXE

Automatic federal budget cuts set in motion last year by the U.S. Congress could have a “debilitating” effect on the Navy’s readiness for the next two years. In fact, the impact is already being felt — and the automatic “sequestration” is still two weeks away.

The Navy stands to lose 13 percent of its funding starting March 1, unless the Congress and Pres. Barack Obama can agree on a plan to reduce the federal budget deficit, which after the 2008 economic crisis rose to a staggering $1 trillion or more annually — though it has shrunk by hundreds of billions of dollars in 2012 as the economy recovered.

The Republican-controlled House of Representatives, the Democratic Senate and the president, also a Democrat, designed sequestration in 2011 as a means of prodding themselves into crafting a plan for reducing the deficit.

Read the rest at Offiziere.ch.

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2 Responses to “Offiziere.ch: Automatic Budget Cuts Threaten U.S. Navy Readiness”

  1. jimmy says:

    Obama the surge president and pacific pivot genius is now also the sequestration overlord. The U.S. extreme right-wing led by the internal secretive mafia will eventually slay him and with it his sequestration final solution will become history. Says a lot for U.S. national sanity and the U.S. system of governance.

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