Our military faces devastating reductions in capability unless the Senate and President Obama will join the House of Representatives in acting to prevent debilitating spending cuts — half of which were never meant to be enacted.
The Pentagon is slated for $487 billion in cuts under President Obama’s budget. That means that over the next five years, the military will be forced to carry out its missions with70,000 fewer soldiers, 20,000 fewer Marines, 25 fewer combat vessels and seven fewer aircraft fighter wings.
Then there are the sequester cuts. The $1.2 trillion in arbitrary, across-the-board spending cuts collectively known as “sequestration” were designed as a threat, not as workable policy. The sequester provision was included in last year’s Budget Control Act to motivate the House and Senate to agree to a responsible debt reduction plan, or else face the sequester cuts universally understood to be terribly damaging. The cost to Oklahoma’s economy alone could be up to 16,000 jobs and $630 million.
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