President Barack Obama signed into law yesterday a debt-reducing bill that cleared the Senate earlier in the day despite objections of some Republicans concerned about hundreds of billions of dollars in defense cuts over the next decade. While Pentagon-watchers continued to give different interpretations of the Pentagon spending reductions in the deficit-cutting plan yesterday, observers believe the two-part deal hashed out Sunday by the White House and congressional leaders could open the door to up to $950 billion in defense-related cuts over the next…
Obama Signs Debt Deal Over Hawks’ Objections
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