The Difference Between Bs and Ms | The Will and the Wallet


In today’s spirit of fiscal austerity, SASC reported its authorization bill out and has provided less for defense than the President requested. The chart below is from SASC’s press release noting their differences from the President’s request.

Note, though, the totals are presented in billions and the changes are reported in millions.  That single change in letter from ‘b’ to ‘m’ means quite a bit. In relation to the request, SASC provided:

  • for DoD, two-thousandths of a percent less
  • for OCO, two-hundredths of a percent less
  • for nuclear-related activities, one-tenth a percent less

Needless to say, those cuts aren’t getting defense down to post-sequester levels, just like all the other bills reported so far.

via The Will and the Wallet – The Will and the Wallet – The Difference Between Bs and Ms.