Monday, April 6, 2009

America's Defense Budget for 2010 Announced

Big changes for the military

The early months of Barack Obama’s presidency have had everything to do with budgeting and spending. From delegating cash advance loans for troubled corporations to making the national budget, there’s never a dull moment.  Now comes the budget for America’s defense, and it’s a doozy.

Christopher Hinton reports for Marketwatch that Defense Secretary Robert Gates has announced huge changes across the board, reflecting a greater priority towards the type of fighting used in Iraq and Afghanistan.

Cutbacks

Gates has revealed that America will stop buying F-22 Raptors and C-17 Globemasters by year’s end. We will also end the TSAT satellite program and the use of the CSAR-X. Orders for new presidential helicopters will be delayed and the number of contractors working for the Pentagon will be reduced significantly.

But the contractors will be replaced. “Our goal is to hire as many as 13,000 new civil servants in fiscal 2010 to replace contractors and up to 30,000 new civil servants in place of contractors over the next five years,” Gates said. ... click here to read the rest of the article titled "America's Defense Budget for 2010 Announced"

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