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SASC chairman: More cuts likely in budget deal

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  • SASC chairman: More cuts likely in budget deal

    By Kate Brannen - Staff writer
    Posted : Tuesday Jun 12, 2012 16:19:25 EDT
    Read more here:

    If a deficit-reduction deal is reached, it could include $100 billion more in defense cuts over the next decade, according to the chairman of the Senate Armed Services Committee.

    That would be in addition to the $487 billion the Pentagon is already shaving off its projected spending over the next 10 years. However, it is far less than the additional $500 billion in automatic cuts that would be enforced under sequestration.
    Last edited by RyCass; October 31st, 2012, 09:58 AM. Reason: Corrected format/added URL