Defense Secretary Leon E. Panetta delivers remarks during a National Press Club luncheon in Washington, D.C., Dec. 18, 2012. DOD photo by Glenn Fawcett
Panetta Reassures Defense Employees -- Wall Street Journal
WASHINGTON—After months of warning that the looming across-the-board cuts would devastate the military, Defense Secretary Leon Panetta advised his three million employees on Thursday not to panic.
Mr. Panetta, in a memo on his plans to deal with fiscal-cliff cuts if they take effect in January, assured Defense Department employees that there were no imminent layoffs or dramatic changes in the works.
"These cuts, while significant and harmful to our collective mission as an agency, would not necessarily require immediate reductions in spending," he wrote in the memo. "I do not expect our day-to-day operations to change dramatically on or immediately after Jan. 2, 2013."
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WNU Editor: Panetta's memo is here.