The defense secretary called yesterday for lawmakers to let go of pet military projects as the Pentagon plans a strategy for slashing $450 billion in spending that emphasizes modernization and procurement cuts. Secretary Leon Panetta said at the Woodrow Wilson Center that the Pentagon’s forthcoming budget-cutting proposals will be “carefully targeted” to “avoid a hollow force, to ensure that we maintain a robust industrial base, and to protect the new military capabilities we need in order to sustain military strength.”…
Panetta To Hill: Don’t Resist ‘Targeted’ Cuts
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