Sequestration

Defense Industry
4:31 pm
Thu April 17, 2014

Pentagon Issues New Sequestration Warnings: $1 Trillion In Cuts By 2021

Secretary of Defense Chuck Hagel with soldiers at Fort Bragg in Fayetteville, N.C. in 2013. Hagel is pushing for a trimmer military budget, but speaking out against sequestration-level caps.
Credit Glenn Fawcett / Department of Defense/Flickr

A report released by the Pentagon this week warns of the consequences of continuing to fund the military at sequestration levels. The across-the-board spending caps have been relieved by a budget deal in Congress, but the Pentagon is saying that by 2021, the Department of Defense will have spent $1 trillion less than it had planned, making cuts in almost all areas including acquisition, research and personnel.

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Defense Industry
7:15 am
Thu April 17, 2014

As Defense Budget Shrinks, Local Contracting Not All Doom And Gloom

Employees of General Atomics Aeronautical, the manufacturer of Predator and Reaper drones, talk in the company's new Beavercreek office.
Credit Lewis Wallace / WYSO

Thursday is the second day of meetings at Wright-Patterson Air Force Base for small businesses in the defense industry. The event is part of an effort on the part of the Air Force to work more with small contractors; base officials say it helps them stay efficient as the government cuts defense budgets.

Those cuts have been bad news for local industry, which provides the Air Force with everything from computer systems to research to airplane parts—but not all contractors are feeling the same pain.

Large contractors cash in

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Wright-Patt
4:23 pm
Wed February 19, 2014

Wright-Patt Begins Meetings With Local Leaders On Cost-Cutting Measures

Colonel Cassie Barlow, who heads the 88th Air Base Wing, announced the base's intention to seek out cost-cutting partnerships in January, 2014.
Credit Lewis Wallace / WYSO

Wright-Patterson Air Force Base is holding meetings all day Thursday to talk about cost-cutting measures. In January, base officials announced they want to attract partnerships with area businesses and governments as a way to save money.

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Politics
7:41 pm
Thu December 12, 2013

Bipartisan Budget Deal Curbs Sequestration, But Still Hits Federal Employees

Rep. Mike Turner (R-10th) spoke last month on the possible impacts of sequestration.
Credit Lewis Wallace / WYSO

Dayton-area leaders are breathing sighs of relief as the proposed budget deal in Congress appears to be ending the across-the-board cuts known as sequestration.

“This deal would prevent the sequester for a 2-year period, and it also would give certainty to the Department of Defense,” said Rep. Mike Turner of Ohio’s 10th district. He’s relieved by the outcome after a year of belt-tightening for lots of government bodies, including the Pentagon. With the proposed deal the Pentagon avoids $20 billion in would-be sequestration cuts.

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Military
7:00 am
Wed November 13, 2013

Local Officials Sound A New Sequestration Alarm

Ohio U.S. Congressman Mike Turner (R-10th) speaks at Sinclair Community College about sequestration.
Credit Lewis Wallace / WYSO

Dayton-area officials held a public meeting Tuesday about the effects of sequestration, or automatic federal spending cuts, on the local economy. They say the outlook is gloomy if sequestration continues into 2014.

“Survival mode” and “devastation” were just a couple of the phrases tossed out at the event.

“As this goes downhill, the next thing’s gonna go downhill, and we’re gonna be in a world of hurt,” said Greene County Commission Tom Koogler.

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