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...The two-month sequestration delay establishes a March 1 deadline for Congress and the president to establish $1.2 trillion in deficit-reduction measures in order to avoid defense and civilian agency sequestration cuts, reported Defense News. If they fail to produce such measures, sequestration would begin on March 27...
However, he attached a signing statement claiming that he has the constitutional power to override the limits in the law, the story said.
"Even though I support the vast majority of the provisions contained in this Act, which is comprised of hundreds of sections spanning more than 680 pages of text, I do not agree with them all....Though I continue to oppose certain sections of the Act, the need to renew critical defense authorities and funding was too great to ignore," Politico quotes Obama as saying.
The authorization act enables the Defense Department to spend $633 billion on aircraft, ships and vehicles, the Defense News story said. Notably, the act clears the Pentagon to enter into multiyear procurement deals on several major programs, including for Army CH-47 helicopters, Navy DDG-51 destroyers and V-22 tiltrotor aircraft.
The NDAA clears the Pentagon to spend $552.2 billion in base budget monies and another $88.5 billion on ongoing global wars and other operations.
The total amount is $1.7 billion above the Obama administration’s 2013 Pentagon budget request, which arrived on Capitol Hill earlier this year.
Originally posted by johngalt722
reply to post by Maxmars
I hate to say it..but the people are also to blame for letting the Fed take over as well.
The NDAA clears the Pentagon to spend $552.2 billion in base budget monies and another $88.5 billion on ongoing global wars and other operations. The total amount is $1.7 billion above the Obama administration’s 2013 Pentagon budget request, which arrived on Capitol Hill earlier this year.