Defense Secretary Leon E. Panetta delivers remarks at an event hosted by the Woodrow Wilson International Center for Scholars at the Ronald Reagan Building and International Trade Center in Washington, D.C., Oct. 11, 2011. DOD photo by U.S. Air Force Tech. Sgt. Jacob N. BaileyPanetta Warns Of Budgets Cuts Weakening Military -- Washington Times
Defense spending cuts slated to take place if a congressional “super-committee” fails to reach a deficit-reduction deal would exact “catastrophic damage” on the military, Defense Secretary Leon Panetta said Tuesday.
The Pentagon already faces budget cuts of more than $450 billion over the next decade that were agreed to in President Obama’s July debt deal with congressional leaders.
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