Pentagon leaders are probably telling a “little fib” when they say they’re not preparing for the possibility of the draconian budget cuts that would come if lawmakers and the White House cannot agree on a long-term deficit reduction spending plan, the chairman of the House Armed Services Committee (HASC) said yesterday. The Pentagon, including Defense Secretary Leon Panetta, have said they are making no plans to absorb at least $500 billion in spending cuts over the next 10 years that…
HASC Chair Doubts Pentagon Statements On Sequestration Planning
Defense Daily Staff
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