Sources: Pentagon Eying Multibillion-Dollar Budget Cut In FY-14

By Christopher J. Castelli / February 27, 2013 at 11:04 PM
The Defense Department is eying a multibillion-dollar reduction in its fiscal year 2014 spending plan that will likely be compounded by looming automatic cuts set to take effect this week, former Pentagon and government officials tracking the budget process tell InsideDefense.com . The president's FY-13 defense budget request projected a $533.6 billion topline number for FY-14, reflecting the cap set by the Budget Control Act. In DOD's upcoming budget request, that figure will likely be reduced by $8 billion to...

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