MONTEREY, Calif., Aug. 23, 2011 – Citing the myriad threats facing the United States, Defense Secretary Leon E. Panetta said today that one of the biggest challenges to U.S. national defense is the so-called „doomsday mechanism“ that will trigger across-the-board budget cuts if Congress doesn’t make the decisions necessary to avert it.
Speaking to a standing-room-only audience at the Navy Postgraduate School’s King Hall here, Panetta told the students and faculty the across-the-board reductions could take another $500 billion to $600 billion from the defense budget.
„It will be devastating to the defense budget, resulting in a hollowed force, weakened U.S. defenses and an inability to meet U.S. alliance obligations,“ he said. „It will break faith with troops and their families.“
More coverage to follow.
U.S. Department of Defense
Office of the Assistant Secretary of Defense (Public Affairs)