U.S. Navy Secretary Mabus speaks at the second day of the Reuters Aerospace and Defense Summit in Washington

Navy Secretary Mabus urges cuts in Pentagon 'overhead'

U.S. Navy Secretary Mabus speaks at the second day of the Reuters Aerospace and Defense Summit in WashingtonBy Andrea Shalal WASHINGTON (Reuters) – U.S. Navy Secretary Ray Mabus on Tuesday urged budget cutters to target what he called duplicative and ineffective agencies such as the Pentagon’s payment services arm instead of cutting needed weapons programs. “If you want to look at real money, 20 percent of the Pentagon’s budget – one dollar out of every five – is spent on … the Office of the Secretary of Defense and defense agencies. Pure overhead,” Mabus said during a speech at the conservative American Enterprise Institute think tank.

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