Panetta defends military budget plan
WASHINGTON (AP) — Defense Secretary Leon Panetta is defending his department's slimmed-down, $614 billion budget plan, telling senators that it's time to step up and show they are serious about reducing the deficit.
In testimony prepared for a Senate Armed Services Committee hearing Tuesday, Panetta is warning lawmakers that budget cuts will hit all 50 states. But he says the reductions have been carefully plann...
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