Back on Feb. 15, when the Department of Defense released its budget request, the world and the United States looked a lot different. The NBA was coming out of its All-Star game, college basketball was gearing up for March Madness, and offices and highways were packed.
That the Covid-19 pandemic will have an impact on defence ministries is beyond doubt, but can governments and defence ministries find a way to deal with the possible effects on military spending and resource allocations?
Defense budget cuts are looming as the coronavirus pandemic places pressure on the federal budget across various agencies.
So the COVID stimulus will be around $3 trillion or ~4X the current defense budget. Cuts would be absolute maximum of $75 billion or 2.5% of stimulus spending to gut the defense budget and as the article says it’s not to cut spending as that money will go to other programs.
So no cuts in total spending, no reduction of the deficit but defense is drastically cut.
The government’s $3 trillion effort to rescue the economy from the coronavirus crisis is stirring worry at the Pentagon. Bulging federal deficits may force a reversal of years of big defense spending gains and threaten prized projects like the rebuilding of the nation’s arsenal of nuclear weapons.
Opponents of defense spending may cite the economic consequences of COVID-19 — huge deficits and ballooning national debt— in an effort to slash the Department of Defense’s budget. If they succeed, American military supremacy will erode further, inviting aggression from adversaries and...
China, facing what it sees as increasing military pressure from the United States, is likely to shrug off the pall hanging over its economy from the novel coronavirus and increase its defence budget again this year.
“I've heard some people talk about [going] back to a BCA [Budget Control Act] level of funding,” Gen. Murray says, referring to the steep cuts also known as sequestration. “And I've heard some people say that it's even going to be worse than BCA.”
Australia will adopt a more aggressive defence strategy designed to counter the rising threat from China, with Scott Morrison warning the country faces regional challenges on a scale not seen since World War II.
Unless they actually start building honest to god cruisers, I fear that it will amount to not much more than hot air. Of which Australia has way too much of already. (Flees as lynch mob rapidly assembles.)
Ever had a major expense pop up? Perhaps your car’s transmission fails, or the sewage line from your house to the county line gets clogged and everything backs up into your basement. Or you catch a virus that puts you in the hospital for a couple of weeks. All these have happened to me. Oddly...
A bipartisan compromise and vote on the 2021 defense policy bill isn’t likely before the Nov. 3 elections―but it should come “quickly” afterwards, the House Armed Services Committee’s top Republican said Wednesday.
Japan is set to continue its recent trend of setting new records for its annual defense budgets, with the country continuing to cast a wary eye on China’s military modernization and nuclear-armed North Korea’s missile program.
Smith sees a blue wave as exposing fissures within the party over "how much do you spend on defense, and what does your presence in the world look like," Smith said, noting that progressives are skeptical about defense spending and overseas deployments
Prime Minister Boris Johnson on Thursday committed the British government to an expansion of defense spending that confirms London’s ambitions about improving the Royal Navy through the middle of the century. The pledge of about £24.1 billion — or just under $32 billion — supports Johnson’s...
If defense budgets see top-line reductions in the future, the Army will have to make tough decisions on its modernization priorities, but will do what it can to preserve the most critical, according to the Army G-8 chief.
Whatever happens with the 2021 budget, ":I suspect that the Pentagon's budgets will start flattening out," Chairman of the Joint Chiefs Gen. Mark Milley said today. "There's a reasonable prospect that they could actually decline significantly."
I suspect that the Pentagon's budgets will start flattening out," Chairman of the Joint Chiefs Gen. Mark Milley said today. "There's a reasonable prospect that they could actually decline significantly."
"Look, I'm an Army guy,” Milley said. "And I love the Army...but the fundamental defense of the United States and the ability to project power forward will always be for America naval and air and space power."
The Democrats will take the reins of power in Washington on Jan. 20 when President-Elect Joe Biden is sworn into office, as the party will control both the House and Senate as well. But does this mean a reduction to the defense budget is inevitable?
The South African Aerospace, Maritime and Defence Industry Association (AMD) hopes to lead the local defence industry out of the quagmire it finds itself in due to uncertainty amidst the COVID-19 pandemic. AMD Chairperson Sefale Montsi, in a New Year’s message to members, wrote that the South...
So it increasingly looks like war on multiple fronts, with an increasingly degraded military on a shoestring budget at best (said shoestring excluding of course the HQ and commissar, sorry, 'Political Diversity' types).
The full budget, set to be released on May 3, should spark heated debate in Congress between an emboldened progressive wing of the Democratic party looking to cut defense budgets, and Republicans and conservative Democrats who say spending must increase to stay ahead of the Chinese military buildup.