Rapid Fire Jan. 8, 2013: Latest Estimate on Sequester FY13 SizeJan 08, 2013 09:45 UTC
- DOD Comptroller Robert Hale spoke at the Brookings think tank, where he confirmed, between a couple decent jokes, that a delay in the FY14 budget request was likely. His number for the impact of sequestration on FY13 – starting on March 1st unless it is further delayed or cancelled – is $45B, vs. earlier estimates of $62B in cuts (back when the sequester was supposed to kick in on Jan. 1st). Hale does not rule out an extension of the current Continuing Resolution. Video embedded below.
- A timely 2014 President Budget is definitely not going to happen by its legal due date (i.e. next month), as the US government first needs to sort out – again – how to deal with its debt ceiling. The Bipartisan Policy Center offers a helpful analysis.
- NAK Browne, the Chief of Staff of the Indian Air Force, is complaining that a recently-announced decrease in the defense budget will slow down modernization efforts.
- India’s Business Standard is accusing the Ministry of Defence of lowering its requirements for a forthcoming purchase of night vision devices in order to favor Bharat Electronics Ltd (BEL), despite the Army’s demands for equipment that works under practically no light.
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