Budget Sequestration

Sequester Victims Include History Buffs, As National Archives And Records Administration Takes Hi

http://www.huffingtonpost.com/2013/05/01/sequester-victims-nara_n_3194085.html?ncid=edlinkusaolp00000003Sequester Victims Include History Buffs, As National Archives And Records Administration Takes Hit

Posted: 05/01/2013 1:30 pm EDT| Updated: 05/01/2013…

View Post

View On WordPress

DOD To Save Funds By Paying Women 73 Cents On The Dollar
External image
THE PENTAGON — The Department of Defense has found a creative solution to the ongoing budget crisis created by sequestration, using a clever personnel policy change, officials announced this week. By hiring more women and promoting them to senior leadership roles traditionally held by men, the department can pay them 73 cents on the dollar, a 21 percent reduction compared […]

from Duffel Blog http://ift.tt/1SZ4ZN8
Sequester Victims Include History Buffs, As National Archives And Records Administration Takes Hi

http://www.huffingtonpost.com/2013/05/01/sequester-victims-nara_n_3194085.html?ncid=edlinkusaolp00000003Sequester Victims Include History Buffs, As National Archives And Records Administration Takes Hit

Posted: 05/01/2013 1:30 pm EDT| Updated: 05/01/2013…

View Post

15 of the most expensive projects abandoned by the US military

External image
US Army

The US military is unquestionably the world’s strongest force with the world’s largest defense budget.

But throughout the 2000s, the Pentagon spent $51.2 billion on 15 major programs “without any fielded systems to show for it,” according to a new Center for Strategic and International Studies report.

The abandoned projects are largely due to a lack of funding attributed to the Budget Control Act and sequestration.

Sequestration, which is indiscriminate budget cuts across-the-board that affect every portion of the military equally, is the greatest threat to the US military currently, Former Defense Secretary Robert Gates told Business Insider.  

Below are a series of military modernization projects that were canceled partially due to a lack of funds. 

Future Combat Systems

External image
US Army

Branch: Army

Sunk Costs: $18.1 billion

Follow-On: The project was ultimately superseded by the Ground Combat Vehicle Program. This program was also ultimately canceled.

Source: Center for Strategic and International Studies



RAH-66 Comanche Armed Reconnaissance and Attack Helicopter

External image
US Army

Branch: Army

Sunk Costs: $7.9 billion

Follow-On: The helicopter was superseded by the later canceled Armed Reconnaissance Helicopter project.

Source: Center for Strategic and International Studies



National Polar-orbiting Operational Environmental Satellite System

External image
National Oceanic and Atmospheric Administration

Branch: Air Force and National Oceanic and Atmospheric Administration

Sunk-Costs: $5.8 billion

Follow-On: The program was replaced by the now-canceled Defense Weather Satellite System (DWSS). The DWSS is slated to be restarted as the Weather Satellite Follow-On.

Source: Center for Strategic and International Studies



See the rest of the story at Business Insider
External image
External image
External image
External image
External image
External image


from Feedburner http://ift.tt/1JLVD66 via production studio