US Government Fiscal Year 2013 Budget

May 2012
Sea Technology;May2012, p10
The article focuses on the proposed fiscal year (FY) 2013 budget in the U.S. It states that the federal government still faces concerns over the growing deficit as the economy limps along to a slow recovery. It mentions the $155.9 billion budget for 2013 for the U.S. Navy, which is a $1.4 billion decrease from the previous year. Navy Secretary Ray Mabus reveals that the department's shipbuilding plan will enable them to maintain the same size fleet at the end of the five-year budget cycle.


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