DEFICIT PLAN - President Obama lays out his plan to reduce the deficit by $4 trillion over the next 12 years and to ensure America’s future wealth and prosperity in a speech at George Washington University in Washington, D.C., April 13, 2011. White House photo by Samantha AppletonPresident’s Plan Likely To Affect 2013 Defense Budget -- U.S. Department of Defense
WASHINGTON, April 13, 2011 – President Barack Obama’s effort to seek additional savings within the Defense Department likely will affect the department’s fiscal 2013 budget, Pentagon Press Secretary Geoff Morrell said today.
The president announced that he plans to work with Defense Secretary Robert M. Gates and Navy Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, to find more savings within the Defense Department to help in reducing the federal deficit.
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