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A roundup on the latest defense budget request

Monday, January 30th, 2012

Last week, Defense Secretary Leon Panetta outlined his $525 billion budget request for fiscal year 2013, with an additional $88.4 billion for contingency operations (e.g., Afghanistan). Panetta says that the request puts the Department of Defense on a trajectory to save $259 billion in the next five years and $487 billion in the next ten years. The active duty numbers for both the Army and the Marine Corps will decrease, while the Reserve and National Guard numbers will be reduced only slightly.

In case you missed the announcements, here’s a quick list of where to find what you need:

  • The Wall Street Journal has a good overview of the proposed budget and Panetta’s speech.
  • The entire report, “Defense Budget Priorities and Choices,” can be found here, and a “fact sheet” with projected numbers for the defense budget is here.
  • The report mentioned that the President “will request that Congress authorize use of the Base Realignment and Closure (BRAC) process.” The base closings and realignments from the last round, in 2005, were completed just this past year, and many Senators and Congressmen are already fighting against another round–with Senators Joseph Lieberman and Richard Blumenthal calling the plan “dead on arrival.”
AEI