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Monday, August 8, 2011

''Pentagon Actually Gained $50 Billion from Spending Cuts Deal''

war department will not be denied..........from allgov.com.......

"To hear Pentagon officials tell the story, the recent agreement to deal with the federal debt by cutting military spending is a potentially catastrophic threat to U.S. security. But if you read between the lines, it doesn’t look so bad after all.
 
Since the Obama administration and Congress hammered out a last-minute compromise to keep Uncle Sam from defaulting on his obligations, the story about the Department of Defense has centered on the $350 billion reduction in its budget over the next dozen years or so.
 
However, back in April President Barack Obama had proposed cutting the Defense budget by $400 billion, so the Pentagon actually gained at least $50 billion in the deal"..........READ MORE

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