DOD's Unspent Billions Wane, Raising Doubts About Blunting Sequestration

By Christopher J. Castelli / October 16, 2013 at 9:04 PM
The stockpile of unspent funding the Defense Department will carry over from prior fiscal years is billions of dollars smaller than last year's total, raising questions about whether DOD will be able to continue to use unobligated funding to blunt sequestration in FY-14. The Pentagon ended FY-12 with $107 billion in unspent funding and was able to use about $6 billion of that money in FY-13 to offset a $37 billion sequestration cut. DOD is still in the process of...

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