Categories: Armed Forces News

Panetta Addresses Sequestration, Possible Furloughs


Defense Department personnel would receive 30 days’ notice before they are furloughed because of impending cuts in spending, Defense Secretary Leon E. Panetta said in a Feb. 20 department-wide message. Unless the White House and Congress can reach an agreement, $500 billion in spending cuts will take effect automatically March 1. Panetta also voiced concern over the adverse effects the cuts – known as sequestration – will have. "There is no mistaking that the rigid nature of the cuts forced upon this department, and their scale, will result in a serious erosion of readiness across the force," Panetta said. He also promised to take steps to protect employee benefits "to the maximum extent possible."

 

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