If Sequestration Occurs, The Pentagon’s Budget Will Be $469 Billion
The Pentagon’s basic budget for next year will be larger than in 2006 when adjusted for inflation even if automatic budget cuts take effect, according to the Congressional Budget Office.
The Department of Defense’s $526 billion request for fiscal 2013, not including war spending, reflects a reduction of $45 billion from previous plans. If automatic cuts known as sequestration take effect in January, the funding would be further reduced to $469 billion, the nonpartisan CBO said in a report released yesterday.
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My Comment: I can just imagine the chaos that would sweep