Rumors Fly That OMB Tells Pentagon To Ready $100 Billion More Cuts -- Aol Defense
Washington: The Pentagon email traffic is burning up with whispers that the White House has told the Pentagon to plan for an additional $100 billion in cuts for 2013.
The planning guidance was reportedly issued to insure that the Pentagon would be ready should the Super Congress fail to implement $1.2 trillion in cuts and trigger what Defense Secretary Leon Panetta called the "doomsday mechanism" of $500 billion in defense cuts. Panetta told reporters last week that he was not planning for any such cuts. OMB Director Jacob Lew issued a carefully worded memo yesterday:
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