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Wednesday, February 20, 2013

Navy to Congress: No budget, no second submarine in 2014

USS Virginia |If Congress doesn't pass a budget this fiscal year, the Navy said it likely would not purchase a second Virginia-class submarine in 2014.

The Navy released its latest plan to Congress on Tuesday for how it will be affected if the government keeps operating on a continuing resolution that funds spending at last year's levels, and if Congress does not act before March 1 to prevent the automatic spending cuts known as sequestration.

The continuing resolution expires March 27, and Congress could extend it for the rest of the fiscal year.

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