UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Experts: Pentagon won't escape future cuts

|
 
Published: Jan. 26, 2010 at 5:43 PM

WASHINGTON, Jan. 26 (UPI) -- The U.S. Defense Department's budget won't stay immune to the country's poor economy and budget deficits forever, experts say.

Several budget analysts speaking Tuesday at a Washington event sponsored by the independent Center for Strategic and Budgetary Assessments said that even the Pentagon will eventually have to absorb some of the ill effects of the recession and deficits in the form of budget reductions, The Hill reported.

"There is no way -- no way -- that the defense budget will be immune to deficit reduction," the publication quoted Stanley Collender, the managing director at Qorvis Communications, as saying.

Todd Harrison, a CSBA analyst, told attendees soaring budget deficits will force the Defense Department to stop putting off difficult funding decisions, some of which may come down to choices between "benefits and pay for military personnel -- much of which accrues to retirees -- and funding the weapons systems troops need for the conflicts they are in today and must prepare for the future."

The Hill said the Pentagon's budget request for fiscal 2011, to be unveiled Feb. 1, won't include significant cuts. But it noted that for the first time, interest on the national debt will exceed Pentagon spending.

© 2010 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional U.S. News Stories
1 of 18
Greek PM Antonis vists Beijing
View Caption
Greek national flags fly over Tiananmen Square during Greece's Prime Minister Antonis Samaras state visit to Beijing on May 16, 2013. Samaras is in China seeking investment and trade deals to help revive his country's recession-battered economy. UPI/Stephen Shaver
fark
Thief and suspected foodie turns himself in. Reason: "I want to eat the tasty food Nagata Precinct...
Photoshop this careful crossing
Prague trains will soon offer cars geared exclusively toward singles seeking relationships. Officials...
Gigantic pile of coke discovered in Detroit. Why is this news? Well, by "gigantic," the story means...
1 In 5 US children may have a mental disorder. In other news, Total Fark membership may be expected...
Now that the American economy has been reignited, Wal-Mart is losing customers left and right. This...