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Pentagon budget: top 3 winners and losers
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Pentagon budget: top 3 winners and losers
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As the Pentagon rolled out its budget preview Thursday, it stressed the tough work involved in cutting $487 billion over the next decade. But in Pentagon parlance, the word “cut” is a relative term. While the Defense Department’s base budget initially decreases from $553 billion this year to $525 billion in fiscal year 2013, it is still more than its $480 billion base budget in 2008, when US troops were in the midst of two wars. The budget will then rebound steadily to $567 billion in fiscal year 2017.
With this in mind, here are the top three winners and losers:
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In Pentagon parlance, the word “cut” is a relative term. The Defense Department’s base budget decreases from $553 billion this year to $525 billion in 2013, but it rebounds steadily to $567 billion in 2017. With this in mind, here are the top three winners and losers:
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By Anna Mulrine , Staff writer
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