[UPDATED 3:15 pm with Under Secretary Work’s comments] CRYSTAL CITY: The automatic budget cuts known as sequestration aren’t the only nightmare scenario looming in March for the Department of Defense, Navy Secretary Ray Mabus said this morning. If Congress keeps on funding the federal government on the current ad hoc basis, by simply extending the current “continuing resolution” — now set to expire March 27 — instead of by finally passing proper appropriations bills, the impact would be equally bad.

“Most of the attention is put on sequestration because it was such a big deal leading up to the fiscal cliff,” Mabus told reporters after his public remarks at the Surface Navy Association’s annual conference. “We have an equal, equal concern about CR.” Keep reading →