U.S. Defense Secretary Leon E. Panetta conducts a press conference with reporters aboard a U.S. Air Force E-4B aircraft on his way to visit defense leaders and U.S. troops in the Asia-Pacific region, Oct. 21, 2011. Panetta discussed the U.S. troop withdrawal from Iraq, NATO operations in Libya, and the importance of U.S. alliances with Indonesia, Japan and South Korea. DOD photo by U.S. Air Force Tech. Sgt. Jacob N. Bailey
Panetta Warns of 'Paper Tiger' U.S. If Super Committee Fails: Confirms $260B Cuts -- Aol Defense
Pentagon: It's official: the Pentagon will get roughly halfway to the Obama administration's goal of cutting up to $500 billion in defense spending over the next five years.
Department officials will finalize details of the $260 billion in cuts "in the coming weeks," Defense Secretary Leon Panetta said today. Those will be part of the Pentagon's six-year budget blueprint due to Congress in early February. Panetta did not provide specifics on what those cuts would include but the message sent was clear: The Pentagon is doing its job. Now lawmakers on Capitol Hill must do theirs.
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More News On US Defense Budget Cuts
DoD To Settle on Portion of Spending Cuts Soon: Panetta -- Defense News
Military could slash nuclear weapons, pull troops from Europe and downgrade healthcare in effort to save money -- Daily Mail
Defense will settle on some cuts soon, Panetta says -- Federal Times
Weighing Pentagon Cuts, Panetta Faces Deep Pressures -- New York Times
Pentagon Takes 'Preliminary' Look at Nuclear Cuts -- Military.com
U.S. Weighing Additional Nuke Cuts: Panetta -- Global Security Newswire
Report: Pentagon Weighing Base Closures, Military Benefits in Face of Budget Cuts -- National Journal
Panetta Considering Cuts to Military Health, Retirement Benefits -- Newsroom America
Panetta Paints Budget Picture in NY Times Interview -- ExecutiveGov
Panetta's defense budget cutting proposals not deep enough, says Korb -- Washington Post