Congress
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Congress
Romney Vows To Stop Defense Cuts
Republican presidential candidate Mitt Romney vowed yesterday to prevent roughly $1 trillion in defense budget cuts if he wins the White House, seeking to blame President Barack Obama for the spending […]
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Business/Financial
Senate GOP Opposition Puts Revised Cyber Bill’s Fate In Question
Supporters of a bipartisan cybersecurity bill in the Senate said they hope they can muster enough votes this week to initiate debate, yet admitted recent changes haven’t converted a substantial […]
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Congress
Anti-Sequestration Rally Planned
Defense companies, congressional lawmakers and industry representatives plan to stage a rally Monday to stop a draconian spending measure that could severely impact the defense budget over the next 10 […]
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Congress
McCain Slams Reid For Prioritizing Cyber Bill Over Defense Bill
The Senate is unlikely to debate the fiscal year 2013 defense authorization bill before it breaks for August recess, and a Republican co-author of the legislation is not happy. Senate […]
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Business/Financial
Senators Revise Cyber Bill, Switching From Sticks To Carrots
Five senators that have been leading the push for comprehensive cyber security leadership but have gotten nowhere with a comprehensive bill they introduced in February on Thursday introduced a revised […]
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Air Force
House Passes Defense Budget Dems Say Is Too Big
The Republican-led House passed the defense budget bill last night, via a 326-90 vote, after rejecting Democrats’ attempt to strip nearly $8 billion from the spending plan to make it adhere to […]
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Army
German Defense Minister Sees Consequences If MEADS Funding Lost
There could be “unintended consequences” if the United States unilaterally withdraws from funding the proof of concept of the trilateral Medium Extended Air Defense System (MEADS), according to German Defense […]
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Business/Financial
Companies Name Weapon Systems Vulnerable To DoD Cuts
Defense industry executives called for more clarity regarding potential across-the-board Pentagon budget cuts yesterday, warning lawmakers that programs for jets, helicopters, and ships could be harmed. Leaders of Lockheed Martin […]
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Congress
House Starts Debating DoD Budget Bill
The House began debating a $519.2 billion defense appropriations bill yesterday, voting down proposals to cut funding for the Afghanistan war and missile defense. Many amendments are expected to the Pentagon spending measure, because […]
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Business/Financial
Report Increases Sequestration Job-Loss Prediction
A defense-industry group unveiled a report warning so-called sequestration budget cuts could lead to the loss of more than 2 million jobs yesterday as Democrats and Republicans clashed on Capitol Hill about […]