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Business/Financial

Analysts Examine Numbers Behind Deficit Deal

Julie Samuel

Wednesday, August 10th, 2011

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Defense experts continued yesterday to sort through the numbers behind the current and potential Pentagon budget cuts resulting from the federal-deficit-cutting deal President Barack Obama signed last week. With Congress now in recess for the rest of the month, defense watchers are not only trying to predict what the military spending reduction would mean, but also just how big the cut could be. Defense consultant Loren Thompson, chief operating officer at the Lexington Institute in Virginia, wrote yesterday that, under…

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