Why Pentagon program cuts won't necessarily bring job cuts.

War Stories Don’t Be Afraid To Kill the F-22 Why Pentagon program cuts won’t necessarily bring job cuts. Word is that Secretary of Defense Robert Gates plans to slash or kill several big-ticket weapons programs when he rolls out the full details of the Pentagon budget next month. The contractors for some of the projects on the chopping block are fighting back pre-emptively with the most potent slo

[Gomadintime]

There are two measures of the federal budget. One is "budget authority"—how much money is requested and allocated. The other is "outlays"—how much is actually spent in a given year. [...] weapons programs[...]take years to build, and therefore it takes years for budget authority to translate int