Sunday, May 19, 2013

Latest southern Colorado news, weather and sports from FOX21 News

Pentagon cuts won't impact Springs yet
Posted: 01.07.2011 at 2:39 PM
0
 / FOX21: file photo
Photo

COLORADO SPRINGS, COLO. (AP) -- The Pentagon's plans to cut defense spending aren't expected to have a big immediate impact on Colorado Springs.

The Defense Department on Thursday announced a proposal to freeze its growing budget to help the nation reduce its massive deficit. The plan is based on the war in Afghanistan ending on time and Congress agreeing to charge retired military families more for health care.

The Gazette reports that the plan would leave military bases and programs in Colorado Springs intact for the short term. However, the planned post-war downsizing following 2015 could reduce the number of troops in the city.

Defense spending makes up an estimated 40 percent of the area's economy and those dollars have lessened the impact of the recession.

------

Information from: The Gazette 

(Copyright ©2011 by The Associated Press. All Rights Reserved.)

Popular Stories
Thumbnail
Police investigating fatal motorcycle crash
Rachel Welte  |  Yesterday at 9:38 PM  |  5 comments
Thumbnail
Sheriff: Man shot to death, victim's wife and daughter arrested
Rachel Welte  |  Yesterday at 6:30 PM
Follow FOX21
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Recreation and Travel
Plan your trip
Legal
Help from lawyers
Senior Living
Assistance for senior citizens
Health Connection
Local medical information
ADVERTISEMENT