That would be before the end of January. It is formally due to Congress in early February
The 2013 spending plan will be the first that enacts the first wave of a $350 billion funding cut over a decade. The Pentagon says that will equal a $487 billion reduction to planned spending.
Defense-minded lawmakers, aides, executives and consultants are eagerly awaiting details of what weapon programs and troops the administration will propose cutting to meet the budget-shrinking goals.