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Politico: Pentagon will cut $10bn in rearmament spending to stay under debt agreement
Politico: Pentagon will cut $10bn in rearmament spending to stay under debt agreement
<p>Last year, President Joe Biden and congressional leaders struck a deal to limit defense spending. The Pentagon will cut its spending by $10 billion in 2024 in order to honor the deal, reports <a href="https://www.politico.com/news/2024/02/21/pentagon-slashes-weapons-programs-debt-deal-00142465">Politico.</a></p> <p>According to the article, F-35 fighter jets, attack submarines, Army helicopters and drones will be under the cuts. The cuts amount to more than 1% of the total budget of the Pentagon.</p> <p>As officials point out, despite the seemingly small portion of the spending cut, it will hit important weapons modernization programs for the ministry, as spending on the troops and other personnel bills cannot be changed downward.</p> <blockquote> <p>"The consequences could be horrific," the publication said.</p> </blockquote> <p>At the same time, spending cuts will affect each of the military services. The Navy, for example, will cut spending on Virginia-class nuclear submarines. As for the U.S. Air Force, this year spending on the purchase of F-35 fighter jets will be reduced by 18%.</p>
<p>Last year, President Joe Biden and congressional leaders struck a deal to limit defense spending. The Pentagon will cut its spending by $10 billion in 2024 in order to honor the deal, reports <a href="https://www.politico.com/news/2024/02/21/pentagon-slashes-weapons-programs-debt-deal-00142465">Politico.</a></p> <p>According to the article, F-35 fighter jets, attack submarines, Army helicopters and drones will be under the cuts. The cuts amount to more than 1% of the total budget of the Pentagon.</p> <p>As officials point out, despite the seemingly small portion of the spending cut, it will hit important weapons modernization programs for the ministry, as spending on the troops and other personnel bills cannot be changed downward.</p> <blockquote> <p>"The consequences could be horrific," the publication said.</p> </blockquote> <p>At the same time, spending cuts will affect each of the military services. The Navy, for example, will cut spending on Virginia-class nuclear submarines. As for the U.S. Air Force, this year spending on the purchase of F-35 fighter jets will be reduced by 18%.</p>
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Politico: Pentagon will cut $10bn in rearmament spending to ...

Politico: Pentagon will cut $10bn in rearmament spending to stay under debt agreement

22.02.2024

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Last year, President Joe Biden and congressional leaders struck a deal to limit defense spending. The Pentagon will cut its spending by $10 billion in 2024 in order to honor the deal, reports Politico.

According to the article, F-35 fighter jets, attack submarines, Army helicopters and drones will be under the cuts. The cuts amount to more than 1% of the total budget of the Pentagon.

As officials point out, despite the seemingly small portion of the spending cut, it will hit important weapons modernization programs for the ministry, as spending on the troops and other personnel bills cannot be changed downward.

"The consequences could be horrific," the publication said.

At the same time, spending cuts will affect each of the military services. The Navy, for example, will cut spending on Virginia-class nuclear submarines. As for the U.S. Air Force, this year spending on the purchase of F-35 fighter jets will be reduced by 18%.


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