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Gates: Verdict Out On Size of $400 Billion Cut

Retiring Defense Secretary Robert Gates, in his parting words to the press, said yesterday it remains to be seen if President Barack Obama’s proposed $400 billion cut to security spending by 2023 is too big. Gates also announced he recommended Adm. Jonathan Greenert be the next chief of naval operations (CNO). Obama unveiled on April 13 a deficit-cutting plan that would save $4 trillion in federal spending overall and include defense cutting as one of four main aspects. Gates, in his…

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