
A U.S. national debt clock is seen at the 2012 Republican National Convention in Tampa, Fla., last August. (Harry E. Walker/MCT/via Getty Images)
For the Pentagon and U.S. defense sector, being so tethered to Washington’s broader debate about spending and the federal deficit has become something of a Catch-22.
That tethering — because politicians could not agree on how to replace a $500 billion cut to planned Defense Department spending — essentially caused the so-called sequestration cuts to be triggered March 1. Yet, there is no sense — for now, at least — on Capitol Hill that anything shy of a “grand bargain” fiscal deal that brings some finality to the deficit/spending debate will be offered to turn them off. More









