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Gates Says “Money Spigot” Closing; Refuses to Endorse FCS

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Gates Says “Money Spigot” Closing; Refuses to Endorse FCS

Postby krnl on 29 Jan 2009, 08:42

From DODBuzz.com

In testimony before the Senate Armed Services Committee this morning, Defense Secretary Robert Gates made clear that the era of defense spending largesse is over. “The spigot of defense funding opened by 9/11 is closing. With two major campaigns ongoing, the economic crisis and resulting budget pressures will force hard choices on this department,” Gates said, “we will not be able to do everything, buy everything.” New budget realities will force DOD to “critically and ruthlessly separate appetites from real requirements – those things that are desirable in a perfect world from those things that are truly needed in light of the threats America faces and the missions we are likely to undertake in the years ahead.”

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Rick Sandlin (Formerly FCC(SW))
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krnl (Rick)
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