Pentagon's 2013 Budget Will Break Spending Limits, CBO Says

Law360, New York (July 11, 2012, 7:52 PM ET) -- The U.S. Department of Defense's budget roadmap is not enough to keep the Pentagon beneath new spending caps in last year's Budget Control Act, and its five-year plan will likely cost $123 billion more than the DOD projects, according to a new Congressional Budget Office report.

The DOD has requested about $615 billion for 2013, including $526 billion in base funding, and $88 billion devoted to overseas contingency operations, mostly the war in Afghanistan. But to execute its base-budget plans for 2013, the CBO says the...
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