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The Pentagon’s ever-growing budget-cut estimate now at $492 billion

By John T. Bennett - 12/05/11 12:30 PM ET

First, it was $460 billion. Then it was $489 billion. Now it's $492 billion. And likely still growing.

Just what has grown by $32 billion in only a few months? The Pentagon’s estimate of the real-world cut to planned spending over a decade that was ordered under August’s Budget Control Act.

Weeks after Congress passed the debt-reduction law, Defense Department officials said the actual effect of the $350 billion in national defense cuts it mandated would be a $460 billion cut over a decade.

Then, on Nov. 22, House Armed Services Committee Chairman Buck McKeon (R-Calif.) revealed the effect would be even more harsh on the Pentagon budget.

“I’m told it’s now $489 billion,” the chairman said in a primetime CNN interview.

A U.S. official, that same evening, confirmed the $489 billion figure in an email to The Hill.

Fast-forward to Friday, and the figure continued to swell.

The expected cut likely will total $492 billion over a decade, David Berteau, a defense analyst and former Pentagon official who still has ties to the five-sided building, said Friday.

The revelation came during a forum at the Center for Strategic and International Studies, where Berteau is an analyst.


Source:
http://thehill.com/blogs/defcon-hill/budget-appropriations/197167-the-pentagons-ever-growing-budget-cut-estimate-now-at-492-billion-

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