28 Feb '13, 5pm

Sequestration will leave Pentagon cash-strapped but operational

Sequestration will leave Pentagon cash-strapped but operational

Related Cuts would affect readiness in Pacific, military leaders say With sequestration, one thing is sure: Big changes will occur for military Fewer services in PACOM if furloughs take effect, top official says Stars and Stripes countdown and sequestration coverage WASHINGTON — “Doomsday” is here. That’s how recently retired Defense Secretary Leon Panetta described the massive, government-wide spending cuts set to take effect Friday, slashing $46 billion out of the Pentagon’s coffers for the remaining seven months of fiscal year 2013. Unless a bitterly deadlocked Congress takes unexpected, last-minute action and stops the automatic cuts known as “sequestration,” President Barack Obama will issue the order triggering cuts before midnight Friday, as required by federal law. This apocalypse, however, might arrive more with a whimper than a bang, especially for a Defense Depa...

Full article: http://www.stripes.com/sequestration-will-leave-pentagon-...

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