“I can’t believe the GOP even agreed to it to start with.”
I also had a real problem with the GOP agreeing to this.
Article in Aviation Week:
Congress Fails, Defense Pays
Last week’s failure by the so-called Super Committee to find at least $1.2 trillion in deficit reduction means that the Pentagon’s budget will automatically begin to be slashed by $600 billion over 10 years starting in January 2013. But the committee’s failure will begin reverberating across the industry almost immediately - possibly taking out the nation’s biggest weapon system - the Lockheed Martin F-35 Joint Strike Fighter (JSF).
While lawmakers such as Senate Armed Services ranking member John McCain (R-Ariz.) and House Armed Services Chairman Buck McKeon (R-Calif.) have vowed to intervene to stop the automatic cuts, the Obama administration has threatened to veto a reversal. If the Budget Control Act (BCA) remains in effect, the Pentagon - which plans its future budgets years in advance - will be faced with the prospect of submitting a fiscal 2013 budget by February that assumes the maximum level of cuts. And that means contractors could face terminations of signature weapon programs that may, or may not, come to pass.”
Slashed? Hell no. Not even reduced. Budgets still increase bbut by not quite as much. We’re screwed
until wwe fix bbaseline budgeting