Pentagon bid to cut planes, ships called penny wise, pound foolish

Published 01/20/2015, 04:56 PM
Updated 01/20/2015, 05:00 PM
Pentagon bid to cut planes, ships called penny wise, pound foolish

By David Alexander

WASHINGTON (Reuters) - Calling the Pentagon "penny wise and pound foolish," the new Republican head of the House Armed Services Committee on Tuesday rejected plans to retire planes and ships because of tight budgets but offered no solution to ease the military's money woes.

Representative Mac Thornberry sounded a defiant note in his first big speech since becoming chairman of the House of Representatives panel, saying people did not understand the "proper role" of Congress in national defense and suggesting President Barack Obama fell short in his constitutional duties.

"Some people expect the lawmakers to just cut the check and don't ask too many questions," he said in remarks to the conservative American Enterprise Institute think tank.

"But Congress should not give any president a blank check and Congress should not be a rubber stamp, as the branch of government most responsible for the character and contours of our military," Thornberry said.

His comments came as the Pentagon is struggling to cut about $1 trillion in projected spending from its budget over a decade as required by a 2011 law. The law set caps on defense spending for each year and imposes automatic, across-the-board reductions if lawmakers approve spending levels above the lid.

Despite the spending limits, the White House and Pentagon have regularly asked for additional funding and are expected to do so again for the 2016 budget, due to be unveiled next month.

Last year's budget projected $535 billion in defense spending in 2016, which would be about $36 billion above the cap, possibly triggering another round of across-the-board reductions.

To ensure adequate funding for training, maintenance and investment in new weapons, the Pentagon last year proposed a series of tough cuts, including retiring the popular A-10 close air support aircraft and delaying the mid-life overhaul of an aircraft carrier with a view to retiring it early.

Congress's decision to reject those and other cuts forces the Pentagon to reduce spending elsewhere to offset the cost of required programs. Thornberry defended the action, saying, "Sometimes the Pentagon is penny wise and pound foolish."

While rejecting retiring weapons systems to save money, Thornberry said the squeeze on Pentagon spending "has to be fixed."

"To be strong, we've got to stop the slide in defense budgets that has reduced our base defense spending 21 percent since 2010," he said.

But he said nobody "has a magic formula to do that." OLUSPOLITIC Reuters US Online Report Politics News 20150120T215534+0000

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.