The New York Times says the US will cut $2.5 billion from its defense budget

The New England Journal of Medicine is reporting that the US government will reduce its annual defense budget by $2 billion, cutting $1.4 billion from the Defense Department’s budget.

The move, which is expected to be announced on Wednesday, follows the Pentagon’s decision to cut the budget for FY 2018, according to the newspaper.

The Defense Department has been in a budget stalemate for nearly two years, which has left the US military without the funds to fulfill its missions.

“The Pentagon has said it has not been able to sustain its current funding levels because of a lack of congressional authorization,” the paper wrote.

“A year after Congress enacted a defense spending bill, President Trump proposed that the Pentagon reduce its spending by $50 billion over 10 years, or about half of its current budget.”

The newspaper quoted the US Treasury Department as saying that “the cuts would apply to all DOD programs, including programs such as the Pentagon Transition Authority, which allows Congress to pass new spending through a regular budget process, but which was largely dependent on the defense authorization bills passed by both houses of Congress.”

The US is expected on Wednesday to announce a further $1 billion in cuts to its national security budget, according a Treasury Department statement.

The cuts are part of the President’s budget request that was submitted to Congress on January 30, 2018, which included the reduction of the Pentagon budget.

“This $1 trillion in reductions would be roughly equal to the annual spending cuts for the past four years and will be used to reduce DOD spending by nearly $4 trillion,” the statement read.

“While the US spends more on defense than any other country, our national security is not a priority for many members of Congress, so they do not see defense spending as a priority.”

The White House did not immediately respond to a request for comment.

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