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Tag: Sequestration

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THE SQUAREAGON – The Department of Defense will cutting the Pentagon into a square to comply with budget cuts, according to sources close to Defense Secretary Ashton Carter. The Army Corps of Engineers will begin construction this summer, in accordance with cost-reduction policies mandated by Congress. “Look, those Congressional asshats ordered us to reduce our headquarters by 20 […]
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THE PENTAGON — The U.S. Army announced  it had filed for Chapter 9 bankruptcy protection in federal court Friday, sources confirmed. This long anticipated move follows a decade of borrowing against supplemental congressional funding to pay for the wars in Iraq and Afghanistan, a generous retiree pension plan and decaying on-post infrastructure. “We have attempted […]
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WASHINGTON, D.C. — Secretary of Defense Chuck Hagel announced a budgetary plan to cut Department of Defense spending and raise revenues Wednesday, which would include charging admission to access military installations. “These proposals will cut wasteful programs,” said Hagel at the daily Pentagon briefing, “and raise valuable revenue to keep the U.S. military the best […]
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