1. Findings
Congress finds the following:
On September 14, 2010, Secretary of Defense Robert M. Gates outlined an efficiencies initiative relating to contracting for goods and services by the Department of Defense, designed to save the Department $100 billion over the next five years.
On January 26, 2012, Secretary of Defense Leon Panetta announced that the Department of Defense was on the path to save $259 billion over the next 5 years and $487 billion over the next 10. Secretary Panetta called the budget “a balanced, complete package” that keeps the American military the preeminent force in the world.
On February 13, 2012, Assistant Secretary of Defense Ashton Carter, along with the Joint Chiefs of Staff, testified to the House Armed Services Committee that, if limitations on the transfer of funds were lifted in the Continuing Appropriations Resolution (Public Law 112–175), significant shortfalls in the Operations & Maintenance accounts of their respective services could be alleviated.