The Pentagon, defense contractors and lawmakers are bracing for Defense Secretary Leon Panetta’s announcement Thursday about $487 billion in cuts to his department’s spending.
The announcement scheduled for 2 p.m. Thursday, which Panetta will make with Joint Chiefs Chairman Gen. Martin Dempsey, will ignite a battle in both the halls of Congress and the presidential campaign trail about the size and strength of the U.S. military.
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More News On Cuts In The US Defense Budget
Leon Panetta ready to detail defense cuts -- Politico
Panetta to meet with lawmakers before releasing details of Defense budget cuts -- The Hill
Pentagon Is Said to Seek $525 Billion Budget That Includes Base Closings -- Bloomberg
Pentagon plans to cut almost half a trillion dollars in military spending, cancel programs -- National Post/Reuters
Three Things to Expect from Pentagon Budget Preview -- US News And World Report
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