Coinciding with President Obama's release of next fiscal year's budget, the Defense Department is set to hold four press briefings Monday afternoon addressing different aspects of their slice of the budget.
At 2pm ET, Under Secretary of Defense (Comptroller) Robert Hale and Lt. Gen. Larry O. Spencer will brief press from the Pentagon. The Defense Department plans to cut $487 billion from the budget over the next 10 years. Hale will discuss the overall budget and how cuts will affect military readiness.
Then, at 3:15pm ET, Army Budget Director Maj Gen. Phillip McGee and Deputy Director Barbara Bonessa will hold their press briefing. Officials will lay out specifics on trimming the budget and programs that will be cut. The Army is expected to cut about 80,000 soldiers and reduce the number of combat brigades from 45 to as few as 32 as part of wide-ranging changes to the army’s force structure to cut costs.
Navy Deputy Assistant Secretary for Budget Rear Adm. Joseph Mulloy holds a briefing at 4pm ET. He will discuss specific programs that will be cut to help trim the Defense Department budget.
And at 4:45pm ET, Deputy Assistant Secretary of the Air Force for Budget Maj. Gen. Edward Bolton and Deputy Marilyn Thomas hold the day's final Defense Department briefing. They will talk about the Defense Department’s new FY 2013 budget request, its affect on the Air Force and how it will maintain readiness and capabilities with budget reductions. The U.S. Air Force is proposing to cut 123 fighters and 133 airlifters to help cut costs.
The President's 2012 Fiscal Year budget proposal requested $670.9 billion for the Defense Department, which was about $37.3 billion less than the previous year's request.