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2014 Fiscal Budget

News Stories

Bill Provides Military Pay, Bonuses

President Barack Obama signed House Resolution 3304, which provides pay and bonuses for U.S. service members, enhances counterterrorism efforts overseas, builds security capacities of key U.S. partner-nations, expands efforts to prevent sexual assault and strengthens protections for victims. Story

Acquisitions Chiefs Describe Effects of Budget Uncertainty

With assessments ranging from "sobering" to "painful," acquisitions chiefs from each of the military services described to a House panel the devastation being wreaked upon their branches by sequestration and the continuing resolution. Story

Official Predicts Bleak Budget Picture

Budget pressures mean defense acquisition workers' lives "are going to stay difficult for a while," but they have a critical mission, the undersecretary of defense for acquisition, technology and logistics said. Story

Hagel, Dempsey Discuss North Korea,
Iran, Cyber Challenges

North Korea remains a dangerous and unpredictable country, and the United States needs to be prepared for every option and contingency, Defense Secretary Chuck Hagel told a Senate panel. Story

Defense Contractors Will Share
Burdens of Furloughs, Hagel Says

The Defense Department is reviewing all of its contracts, and DOD contractors will share the burden of spending cuts, including the furloughs facing the department's civilian workforce, Defense Secretary Chuck Hagel told senators. Story

Hagel Details Budget Request,
Calls for Base Closures

Sequestration and the need for another base closure and realignment commission headlined Defense Secretary Chuck Hagel's testimony before the Senate Appropriations Committee's defense subcommittee. Story

Work Continues on DOD Strategy, Management Review

Work continues on the Defense Department's strategic choices and management review, with results not expected to be released for a couple of weeks, a Pentagon spokesman told reporters. Story

Hale: Sequestration Devastates
U.S. Military Readiness

Defense Department Comptroller Robert F. Hale has told a Senate panel the severe and abrupt budget cuts imposed by sequestration are devastating the U.S. armed forces. Story

Odierno: Readiness Issues
Pose Risk to U.S. Security

A smaller Army still needs to be ready, and sequester issues on top of previous budget cuts are impacting readiness accounts, Army Chief of Staff Gen. Ray T. Odierno said. Story

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