White House: Consider Aerial Refueling Tanker Delay

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The delay will mean fewer local jobs created in the short term, but delaying the program of course means less money spent on the federal level, so a lower national debt.


Obama Considering Tanker Deal Delay

(Washington Post) The White House budget office has asked the Pentagon to consider delaying the purchase of aerial refueling tankers by five years, a move that reflects the constraints of drawing up a budget in the midst of a recession, according to two sources familiar with the administration's discussions.

The possible delay in one of the Pentagon's most expensive programs is one of a number of options the administration is weighing, the sources said. No final budget decisions have been made, officials said.

Delaying the purchase of the tankers, which would replace a fleet that dates to the Eisenhower administration, will draw fierce opposition from the defense industry and many members of Congress, whose districts have tens of thousands of jobs related to the program.

Read the whole story.

1 Comments

might have enough money for the tanker project if mr obama didn't give all of it to the pork

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This page contains a single entry by Muhammed El-Hasan published on March 12, 2009 3:02 PM.

Split the Refueling Tanker? was the previous entry in this blog.

BUSINESS CASUAL: U.S. can't afford to let banks die is the next entry in this blog.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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