Reuters – Leon Panetta was sworn in as defense secretary on Friday promising to keep the military strong while making tough choices on defense spending cuts. Read the rest of this entry »
AFP – Incoming US Defense Secretary Leon Panetta is determined to avoid gutting the American military despite the prospect of difficult budget decisions looming, a Pentagon spokesman said Thursday. Read the rest of this entry »
Reuters – The Obama administration sharply criticized a $649 billion defense spending bill in the Republican-controlled House of Representatives on Thursday as lawmakers began debating next year’s Pentagon funding, including the war in Afghanistan. Read the rest of this entry »
Reuters – Lawmakers expressed growing skepticism about the war in Afghanistan on Tuesday as a House panel approved $649 billion in defense spending for the 2012 fiscal year, including $118 billion for wars abroad. Read the rest of this entry »
Reuters – Lawmakers expressed growing skepticism about the war in Afghanistan on Tuesday as a House panel approved $649 billion in defense spending for the 2012 fiscal year, including $118 billion for wars abroad. Read the rest of this entry »
Reuters – Republican presidential candidate Tim Pawlenty urged big changes to the Social Security retirement program Wednesday, but said paring defense spending is not vital to tame the bloated federal budget. Read the rest of this entry »
AFP – Defense Secretary Robert Gates said Tuesday that fiscal pressures on the US military’s budget will require sacrificing some missions abroad and scaling back pay and benefits. Read the rest of this entry »
Reuters – The Pentagon is very encouraged by Wall Street’s response to aerospace companies and arms makers, even as defense spending flattens, the top U.S. weapons buyer said on Tuesday. Read the rest of this entry »