Will Cash Crisis Leave U.S. Navy High And Dry?

Navy Airman Apprentice Christopher Griffith refueled a Seahawk helicopter Wednesday at North Island Naval Air Station. (Eduardo Contreras / Union-Tribune)

From Sign On San Diego:

A serious Navy cash crunch is threatening to leave sailors in San Diego and across the fleet stranded ashore, unable to change duty stations and without the bonuses that have long encouraged them to stay in uniform.

In recent weeks, Navy officials have instituted a series of austerity measures to reduce costs or postpone them until the next fiscal year, which begins Oct 1. The expense trimming includes:

Cutting at-sea time for nondeployed ships by about one-third and decreasing flight hours for carrier air wings by an unspecified amount.

Reducing or eliminating the ships sent to promotional “Fleet Week” events in San Diego and other cities.

Delaying “permanent change of station” transfers for 14,000 sailors who had expected to move this summer.

Eliminating most re-enlistment bonuses effective this month.

Read more ....

My Comment: With the government running a $3 (+) trillion dollar budget, they do not have the funds to maintain a few boats in the water. Will someone please tell me what is wrong with this picture.

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