We are committed to having a viable organic industrial base.

Reset is certainly the true cost of war.

We will need funding for 2 years once all the equipment gets back.

Members of the committee need to better understand the rationale behind the planned retirement of cruisers and LSDs.

Today we are going to take a more comprehensive look at the U.S. Navy's fleet readiness posture.

We had a hearing on this matter just this past July before we truly understood the impacts of the Budget Control Act that Congress passed.

Can you outline what steps you are taking to incorporate alternative fuels or alternative energy as a way to enhance your operational readiness?

I will oppose any initiative that seeks to undermine the preeminence of our military, I will oppose any effort that breaks faith with our service members and veterans, and I will oppose any effort that seeks to diminish the capabilities of…

What risk are we assuming by putting such a significant portion of this budget in the OCO accounts?

Thank you, Mr. Chairman. And to all of our witnesses, I thank you for your testimony today.

The Department estimates it could potentially save in excess of $1.5 billion over a five year period.