Archive for the ‘US Defense Budget’ Category

U.S. Defense Budget Battles Continue

May 10, 2012

House Votes To Replace Pentagon Cuts Mandated By Debt Deal — The Hill

The House voted Thursday to override steep cuts to the Pentagon’s budget mandated by last summer’s debt deal and replace them with spending reductions to food stamps and other mandatory social programs.

While doomed in the Senate and opposed by the White House, the legislation, which would reduce the deficit by $243 billion, is a Republican marker for post-election budget talks with the White House.

Read more ….

My Comment: The GOP plan is not going to fly. US Senate Majority leader Reid has made it very clear that (absent any agreement) he wants defense cuts, and President Obama is threatening a veto.