Army Leaders Offer Some Details of Case For $138 Billion In FY-08

By Jason Sherman / October 10, 2006 at 5:00 AM
Army weapon system acquisition accounts may be raided to finance a $2 billion shortfall in other critical accounts in 2007, with money needed for soldiers' paychecks, retention bonuses, health care services and other ballooning personnel costs, according to service officials. Army leaders are hoping to limit such fiscal management practices in the future -- which officials say breeds instability that ultimately hurts the readiness of the force and results in short-term contracts that erode the Army's spending power -- with...

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