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Congress Eyes Giving DoD Flexibility To Manage Pending Cuts

Lawmakers on both sides of the aisle are weighing legislation to give the Pentagon more flexibility to administer across-the-board “sequestration” cuts set to kick in this Friday. Capitol Hill insiders were pessimistic yesterday that Democrats and Republicans will agree on a plan this week to stop the $1.2 trillion in longterm cuts to defense and nondefense spending from starting at week’s end, predicting the reduced spending levels could continue for weeks, if not longer. Still, multiple legislative proposals will be…

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