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Monday, February 20, 2012

Defense Dept. Continues to Tout $525.4B Budget(House)

House Armed Service Hearing on DoD Budget
 
Washington, DC
Wednesday, February 15, 2012
Following up on yesterday's Senate appearance, Defense Secretary Leon Panetta detailed his department's proposed 2013 budget. Joining the Secretary before the House Armed Services Committee was Gen. Martin Dempsey, chairman of the Joint Chief of Staff.
The 2013 spending plan calls for $525.4 billion in discretionary funding for the base Department of Defense budget, a decrease of 1 percent, or $5.1 billion, below the 2012 enacted level. These savings are as a result of canceled or delayed department projects.
Both witnesses continue to cautioned Committee lawmakers against making deeper spending cuts than those already proposed.
On Tuesday, Secretary Panetta told Congress that the new budget comes with some risks. He said, “You can’t take half a trillion dollars out of the budget without risk” and called a potential sequestration a “meat-axe approach” that would severely affect the national defense.



President's 2013 Budget Proposal
Presidential Budget The White House has released its FY2013 Budget proposal. Pres. Obama made the initial announcement and the OMB and other Administration Budget Executives briefed on the budget details.
View the President's FY2013 proposed budget
See below for more information about cabinet department and agency budgets.


Feb 15 2012 10:00 AM

FY13 National Defense Authorization Budget Request from the Department of Defense

Full Committee

Rayburn House Office Building - 2118

Majority Statements

Witness Panel 1

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