Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Top U.S. general urges Congress to think again on defense cuts

Published 09/17/2014, 11:42 AM
Updated 09/17/2014, 11:50 AM
© Reuters U.S. Army Chief of Staff General Odierno and Fang, Chief of General Staff of the People's Liberation Army, pose for photographers in Beijing

By Adrian Croft

WIESBADEN Germany (Reuters) - Congress should look hard at whether to continue automatic budget cuts that weaken the U.S. military at a time when security around the world is deteriorating, a top U.S. general said on Wednesday.

The rapid advance of Islamic State militants in Iraq and Syria and Russia's annexation of Ukraine's Crimea region has fueled calls by current and former military chiefs and the U.S. defense industry for a rethink of the hundreds of billions of dollars in automatic cuts, known as "sequestration".

"With a deteriorating security situation around the world, I think it's time to ... really take a hard look at whether we should continue with sequestration," Army Chief of Staff General Ray Odierno told a small group of reporters at the Conference of European Armies in Wiesbaden, Germany.

"I think that is a debate that it is absolutely essential to have over the next year," he said. "If sequestration occurs we are going to have to continue to downsize the army. We are going to have to decide where we do it," he said.

It was difficult to make defense cuts affecting the continental United States because "Congress doesn't like that either," he said.

The Pentagon has been struggling to implement nearly $1 trillion in cuts to projected spending over a decade as required by a 2011 law.

The law required $487 billion in direct cuts to defense spread over a decade, plus another $500 billion in automatic, across-the-board reductions that would not take place if Congress negotiated an alternative way to curb spending.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Congress failed to reach a deal and the across-the-board cuts, known as sequestration, went into effect for the first time last year.

The United States currently has some 67,000 military personnel in Europe, a sharp cut from a peak of around 400,000 during the Cold War, and the U.S. Army has been closing and consolidating garrisons in Germany.

More across-the-board reductions could mean more cuts to the U.S. military in Europe.

"Sequestration has been a challenge. It will continue to be if it stays on the books and is not changed by our Congress," Lieutenant-General Donald Campbell, commanding general of U.S. Army Europe, told reporters.

"We believe that the structure here in Europe is about right. Certainly from an army perspective I believe it is."

Military chiefs faced "some decisions if sequestration stays on the table regarding force structure in the army, and in Europe," Campbell said.

(Editing by Tom Heneghan)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.