- Sequestration… Most recently, OMB said military personnel accounts would be spared the budget ax, which ultimately will result in even steeper cuts to other areas of the Pentagon budget. Every Service chief has gone on record to say that the effects of sequestration will be devastating, and AFA urges bipartisan agreement to prevent this clause of the Budget Control Act of 2011 from taking place.
- Defense Budget: Earlier this week, Senate subcommittee put forward a Pentagon spending plan for FY13 that would set the base budget at $511 billion and would include $93 billion in OCO funds. Those figures are in line with DOD's budget request. The bill rejects the Obama administration's proposed TRICARE fee hikes; reverses the Navy's plan to retire nine ships and funds the requested number of Joint Strike Fighters; provides an additional $180 million for efficient production of Air Force C-130Js; and provides $21.5 million to accelerate backup oxygen systems for the F-22 Raptor.
Air Force Association