Sailors and their families have grown accustomed to Washington, D.C., showdowns. But this latest one may be the gravest, as the shuttered American government lurches closer to a possible default on its national debt – now about 12 hours away. A default imperils the government’s ability to pay its bills, including military pay and veterans’ benefits. Economists believe it will throw the world economy into a crisis, as the U.S. is the world’s largest economy and holds the largest debt. And long term it would likely diminish the military’s size and power, as the nation would no longer be able…
Browsing: Budget
The Blue Angels may be hiring, but for the rest of the year, they won’t be flying. All remaining performances on the 2013 schedule have been canceled, according to a release posted Tuesday on the Flight Demonstration Squadron’s website. And while the release says the unit “will continue to train to maintain flying proficiency until further notice,” a report from AL.com citing an email from the group’s events coordinator says public practices at Naval Air Station Pensacola, Fla., also have been called off. Cuts to the team’s performance schedule have been part of the Navy’s budget-cut plans for months, triggering…
