Rapid Fire March 8, 2013: A Budget Too Far

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* The President Budget for FY14 may be delayed further to early April, in order to let Senate Democrats and the White House get in sync, according to the NYT. In the meantime Senate Appropriations Committee Chairwoman Barbara Mikulski (D-MD) is working on the Senate’s version of a funding bill for what’s left of FY13, and the Senate will start considering the House’s CR/Appropriations bill (HR 933) on Monday. * Carl Levin, the Chairman of the US Senate Armed Services Committee, will not seek reelection in 2014. He will be almost 80 then. * The GAO recommends a number of methodological improvements to make future Base Realignment and Closure (BRAC) savings projections more accurate. * Troy A. Clarke will be Navistar’s new president and CEO, effective mid-April. Clarke, 57, joined the company as their COO in 2010 after spending three decades with General Motors. The company saw its Q1 2013 sales decline by 12% to $2.6B. * 3 former civilian contractors employed as clerks for 1st Medical Logistics Company at Camp Pendleton, CA, pleaded guilty to stealing $3M+ worth of medical equipment. * The Center for Strategic & International Studies finds India’s 2013-14 defense budget “inadequate” and sees the country […]

* The President Budget for FY14 may be delayed further to early April, in order to let Senate Democrats and the White House get in sync, according to the NYT. In the meantime Senate Appropriations Committee Chairwoman Barbara Mikulski (D-MD) is working on the Senate’s version of a funding bill for what’s left of FY13, and the Senate will start considering the House’s CR/Appropriations bill (HR 933) on Monday.

* Carl Levin, the Chairman of the US Senate Armed Services Committee, will not seek reelection in 2014. He will be almost 80 then.

* The GAO recommends a number of methodological improvements to make future Base Realignment and Closure (BRAC) savings projections more accurate.

* Troy A. Clarke will be Navistar’s new president and CEO, effective mid-April. Clarke, 57, joined the company as their COO in 2010 after spending three decades with General Motors. The company saw its Q1 2013 sales decline by 12% to $2.6B.

* 3 former civilian contractors employed as clerks for 1st Medical Logistics Company at Camp Pendleton, CA, pleaded guilty to stealing $3M+ worth of medical equipment.

* The Center for Strategic & International Studies finds India’s 2013-14 defense budget “inadequate” and sees the country as headed to a capability gap with China that will be not only quantitative but also qualitative.

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