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FBN’s Lou Dobbs on the impact on the military of looming across the board budget cuts if sequestration goes into effect.
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Republican senators say the Obama administration is -- -- That the administration is doing just too little to stop the so called sequestration.
The sequestration.
Cuts set to go into effect in just five months.
-- last sequestration.
Is reversed.
The Defense Department faces a 55.
Billion dollar.
55.
Billion dollar.
Up.
That by the way is just across the board next year is part of nearly 500 billion in cuts over the next.
Decade 500.
Billion dollars.
And guess -- in that sequestration.
What they did to themselves or Democrats or Republicans.
The Democrats Republicans.
That they it rhymes with sequestration what they do themselves right now they're trying to figure out -- to.
Well disengage from sequestration I don't know whether -- going to be successful.
It doesn't appear the president's interest and right now and helping.
But Defense Secretary Leon Panetta has said clearly that these cuts would be devastating.
That -- army the army alone I mean just we're just go through this very quickly.
The army as a result of these cuts will be the smallest sense.
1940.
If you can imagine.
-- -- -- So every two years ago.
Our navy would be the smallest.
The navy as a result.
Would be the smallest -- and mean fifteen.
Air force would be the smallest ever.
But our commander in chief is in avoiding -- personal involvement in this controversy and argue -- through while I -- use the word preside.
Other than issuing an announcement.
The military personnel programs will be exempt from sequestration.
But no one seems to know exactly what that means a top pentagon official today laid out what could happen including.
Less training for military units a partial hiring freeze unpaid furloughs.
For the Department of Defense civilian workforce.
Far less equipment specifically.
For fewer F 35 fighters one -- 300 you're armory army tactical vehicles.
About where that's over the course of the first this year.
Meanwhile the industry trade groups are saying.
That the result of sequestration and these budget cuts.
Who put one million.
One.
Million.
Civilian.
Jobs.
At risk.
As a result of these cut so will the Obama administration -- I think we'll President Obama do when -- -- the Labor Department is out telling federal contractors right now.
This is what they're doing there they're telling federal contractors they don't need to comply with the regulation requiring them to give their -- -- At least sixty days notice.
Of pending layoffs.
-- Why would they do that.
Do you suppose it's because those notices.
If this goes ahead.
Would have to come on November 2.
November.
2.
Now isn't it curious.
That they would want that to happen.
Would it have anything to do with the fact that the magic -- Is this sixth.
Of November.
That's what the administration's worrying about right now that is their most significant move so far.
How considerate of the White House not to delay those layoffs.
But it's -- just delay the notice that the layoffs until after Election Day.
That's compassion that's come as a -- and I'm very impressed and are you war.
And if you're wondering about -- sixty here at the bottom of the chart -- because you see there's a lot going on Washington not just over 16100 Pennsylvania.
Over in the House of Representatives.
This sixty are -- Names.
Of post office.
Builds.
These are bills to name post offices.
Right.
The zero.
The number of bills to fix.
The post office meth.
Of the fact is another bill came due today.
Just Merrill -- Billion over at the post office.
Which they're defaulting.
It's why they called them the about Postal Service.
