Services, Defense Agencies Swing Budget Ax In Bid To Cut $460 Billion

By Jason Sherman / September 2, 2011 at 8:13 PM
The Office of the Secretary of Defense, eying what a senior official says is a White House-directed cut of "about $460 billion" over the next decade, has instructed the services to deliver by Sept. 16 their revised spending plans in accordance with the Budget Control Act of 2011. On Aug. 23, the Pentagon comptroller, who is responsible for managing the FY-13 budget, and the director of cost assessment and program evaluation, who oversees the future years defense plan, issued joint...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.