A Comedown For America's Defense Lobby -- Aviation Week/Reuters
To grasp how much the budget wars have altered the natural order of things in Washington, consider this: One of the most powerful lobbies in town, the defense industry, is feeling a bit powerless.
It is trying to head off automatic across-the-board cuts in the Pentagon budget of $54 billion next year alone, produced by a 2011 bipartisan budget deal. But it has made little apparent progress in blocking or tempering the so-called “sequestration” of funds set for January.
With traditional lobbying efforts hampered by congressional gridlock, the industry has added Facebook and Twitter to its usual arsenal.
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My Comment: Washington wants to spend their money elsewhere .... couple this with trillion dollar deficits and you will result with a smaller U.S. defense budget .... defense lobby or not.