Navy braces for 'pain' as budget cuts loom under extended CR

By Nick Wilson / October 16, 2023 at 3:08 PM
The Navy is preparing for the possibility of budget cuts that will be triggered if Congress is still operating under a continuing resolution at the start of the new calendar year, according to Navy Comptroller Russell Rumbaugh, who said there is little the service can do to soften the blow of the looming cuts. If Congress fails to pass fresh spending legislation before January, a statutory sequester provision within the 2023 Fiscal Responsibility Act will take effect, reducing the Pentagon’s...

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