Budget leaders, analyst urge defense spending curbs

Article Abstract:

The US House Budget Committee recommend controlling military outlays that have soared significantly between 2000 and 2005. Analyst Steven Kosiak of the Center for Strategic and Budgetary Assessments supplies numbers that suggest defense spending is high contravening US Secretary of State, while Donald Rumsfeld and other lawmakers deny this status.

Legislative Bodies, Defense Administration & Finance, Budget, Control, Defense spending, Defence spending, United States. Congress. House. Committee on the Budget

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Clark sees billions of savings to aid procurement

Article Abstract:

Adm. Vern Clark, chief of naval operations revealed that by eliminating more than 25,000 personnel slots, the U.S. Navy could save about $3 billion annually. Clark observes increasing personnel costs as one of the main problems, having estimated to about $104.8 billion for fiscal 2005.

Government expenditures, Financial management, Management dynamics, Dept of the Navy, US Navy, Finance, Practice, Company financing, United States. Navy, Navy-yards and naval stations, Naval bases, Government finance, Clark, Vern, Naval officers

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