Thursday, November 18, 2010

Defense-Spending Bill Enters Uncharted Waters.

http://online.wsj.com/article/SB10001424052748703628204575618660950071410.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsThird

God forbid the defence contractors not have the authorization to use the open credit card to buy some more badly needed defense weapons.
How smart is it to use i-pads out in the sand? But it was sold as the latest and greatest must have for any war.

Political upheaval in Washington has upended the Pentagon's traditional budget cycle, creating serious uncertainty for the military and the defense industry.

At issue is passage of two bills that set spending priorities for the Pentagon: the national defense authorization act and the defense appropriations bill. In an unusual turn of events, neither bill has been passed for the new fiscal year, which began Oct. 1.

Legislators returning to Washington for a "lame duck" session following the Nov. 2 elections have a dwindling number of days to pass the bills, and defense contractors are worried that delays could potentially imperil some weapons-buying programs.