The Marines face the “catastrophic” loss of up to one-third of their acquisition money –$563 million — if Congress does not pass an annual defense spending bill, Commandant Gen. James Amos told the Senate Armed Services Committee today.
A Continuing Resolution, Amos said, “could prove catastrophic” to Marine procurement.
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More News On The Marines Concerned On losing Funds For Procurement
No Spending Bill Means USMC Could Lose A Third of Weapons Cash in ’11 -- Defense Tech
Navy says budget crisis threatens jobs, industry -- Reuters
GOP senators say funding for military programs can't wait -- The Hill
My Comment: It all comes down (like always) to the money.