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Sunday, March 10, 2013

Coast Guard Faces $295M Cut Under Sequestration

The Coast Guard will have approximately $295 million deducted from its budget for the remainder of the fiscal year under sequestration, according to figures from the Office of Management and Budget.

The vast majority of those dollars--$194 million--will come from operating expenses. Coast Guard officials have said they will try to minimize the reductions' effect on operation by deferring maintenance--although the Coast Guard's aged fleet depends on heavy maintenance to keep it going. Even before sequestration, the service was unable to keep the legacy fleet afloat for all the operational hours it calculates are necessary to undertake its 11 statutory missions.

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2 comments:

Anonymous said...

hmmmm 250 million given to Egypt and 50 million spent on uniforms for the TSA....I would have rather the money to to the Coast Guard.

Anonymous said...

More drugs hitting the streets, guess MD will be losing their new tax revenue. Odummy better get talking to Obozo quick on this one.