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Navy: Acting Now To Mitigate CR Impacts… Sequestration requires deeper cuts. Already Behind: $12.9B already spent in 1st QTR FY13 exceeds sequestration burn rate / glideslope. Transfer Authority Deadline. 2012. 2013. OCT / NOV. DEC. JAN. FEB. MAR. APR. MAY. JUL. JUN. AUG. SEP.
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Navy: Acting Now To Mitigate CR Impacts…Sequestration requires deeper cuts Already Behind: $12.9B already spent in 1st QTR FY13 exceeds sequestration burn rate / glideslope Transfer Authority Deadline 2012 2013 OCT / NOV DEC JAN FEB MAR APR MAY JUL JUN AUG SEP $49B SSN Sequestration Options: Tier Bravo achieve $4B savings Reduce Deployments CSG2 Reversibility Legend PORTER repairs MIAMI repairs OMN Reduction Decision Ship Operations Easy… Difficult… Irreversible. Acceptable… Egregious. Flying Hours Cancel USNS COMFORT Ops Cut Deployments 25% cut IT March Sequestration Glideslope Cut Partnership Ops 20% cut to NECC Cut 3/4 Qtr Blue Angels Cancel 3rd/4th Qtr A/C Maint. Cut Exercises, TSC Immediate: “Tier Alpha” achieves $4.6B savings Cancel 3rd/4th Qtr Ship Maintenance Port Visits Continuing Resolution Glideslope Cut FSRM 50%; Cut BOS 10% Tuition(TA) Selected Furloughs CIVPERS Announcements Cancel Facilities R&M program; 25% cut to ADMIN Reduce Navy Advertising Civilian Hiring Freeze, Release 3rd/4th Qtr Temporary Hires, Terms Some reductions in 2nd Qtr non-deployed fleet steaming, flying, training, port visits $40B Cut Non-Essential Travel, Cancel Demolition Program, Delay Ship DECOMs, Delayed Civilian pay raise Without Congressional Relief on Transfer Authority Tier Bravo Cuts are Inevitable 1