Advertisement

You will be redirected to the page you want to view in  seconds.

CNO gives video update on budget priorities

Mar. 29, 2013 - 11:19AM   |  
CNO Update on the CR and Sequestration
CNO Update on the CR and Sequestration: Adm. Jon Greenert talks about the effects of the continuing resolution and sequestration on Navy operations.
  • Filed Under

The Navy sailed out of its budget crunch on Tuesday, when legislation that funds the service, along with the rest of the government, through September was signed into law. But the fleet did not emerge unscathed.

The spending bill enacts so-called sequestration cuts that strip the Navy of an estimated $4 billion through the rest of the fiscal year, which ends Sept. 30.

“We still have a little bit of a shortfall in operations and also in our investment accounts due to sequestration, but we're in much better shape,” said Chief of Naval Operations Adm. Jon Greenert in a video update posted Friday to the Navy's YouTube page. “So, what's next? Well, we're going to move ahead in a very deliberate fashion and decide what's important and make sure we fund those most important things.”

Among his top priorities: restoring steaming days, flying hours, needed overhauls and pre-deployment preps.

“For our sailors out there, what it means is your pay will be stable as it has been, our manpower accounts have been stable throughout this whole turmoil that we've gone through,” Greenert said. “We're going to retain our family readiness programs as they have been. PCS will remain stable throughout all this, so moves should continue apace. Tuition assistance is still at 100 percent, and I'm working to keep it at that level.”

Greenert visited Navy Times headquarters in Springfield, Va., on Tuesday for an exclusive interview, in which he offered a more in-depth preview of what sailors can expect over the next six months and beyond. It will appear in the print edition that hits newsstands Monday and will be available to Prime members that day at NavyTimes.com.

More In News

Start your day with a roundup of top defense news.

VA Home Loan
Rates

Search By:

Product Options:
Zip Code:

News for your in-box

Sign up now for free Military Times E-Reports. Choose from Money and Education. Subscribers: log in for premium e-newsletters.


This Week's Navy Times

This Week's Navy Times

Top TA & GI Bill schools
Most popular colleges cater to troops by taking classes to them

Subscribe for Print or Digital delivery today!

Classifieds
MilitaryTimes Green Trusted Classifieds Looking to buy, sell and connect on Military Times?
Browse expanded listings across hundreds of military installations.
Faces of valorHonoring those who fought and died in Operations Iraqi Freedom and Enduring Freedom.
hall of valorThe Hall of Valor is a searchable database of valor award citations collected by Doug Sterner, a Vietnam veteran and Military Times contributing editor, and by Military Times staff.
Woman who cried rape
(3 replies)
   Last Post: TJMAC77SP
        May 3, 2014 1:32 PM
   Last Post: garhkal
        May 1, 2014 5:03 PM
Cliven Bundy
(45 replies)
   Last Post: Chief_KO
        Apr 26, 2014 9:49 AM
Handbooks

All you need to know about your military benefits.

Benefits handbook

Guard & Reserve All you need to know about the Guard & Reserve.

guard and reserve handbook