 Sec. F. Chuck Hagel spoke about the fiscal year 15 budget at a Pentagon press conference Monday afternoon. The budget is expected to cut more than $75 billion from the DOD over the next two years. The spending levels proposed under the President's budget plan would also enable the Navy to maintain 11 carrier strike groups. However, we will have to make a final decision on the future of the George Washington aircraft carrier in the 2016 budget submission. If the sequestration spending levels remain in place in fiscal year 2016, she would need to be retired before her scheduled nuclear refueling and overhaul. View the press conference and read more about the proposed budget cuts at Defense.gov. From the Defense Media Activity, I'm Petty Officer Tony Rosa.