[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

WE BROKE HIM!! [Early weekend BS/nonsense thread]

I'm going to send DOGE after Elon." -Trump

This is the America I grew up in. We need to bring it back

MD State Employee may get Arrested by Sheriff for reporting an Illegal Alien to ICE

RFK Jr: DTaP vaccine was found to have link to Autism

FBI Agents found that the Chinese manufactured fake driver’s licenses and shipped them to the U.S. to help Biden...

Love & Real Estate: China’s new romance scam

Huge Democrat shift against Israel stuns CNN

McCarthy Was Right. They Lied About Everything.

How Romans Built Domes

My 7 day suspension on X was lifted today.

They Just Revealed EVERYTHING... [Project 2029]

Trump ACCUSED Of MASS EXECUTING Illegals By DUMPING Them In The Ocean

The Siege (1998)

Trump Admin To BAN Pride Rainbow Crosswalks, DoT Orders ALL Distractions REMOVED

Elon Musk Backing Thomas Massie Against Trump-AIPAC Challenger

Skateboarding Dog

Israel's Plans for Jordan

Daily Vitamin D Supplementation Slows Cellular Aging:

Hepatitis E Virus in Pork

Hospital Executives Arrested After Nurse Convicted of Killing Seven Newborns, Trying to Kill Eight More

The Explosion of Jewish Fatigue Syndrome

Tucker Carlson: RFK Jr's Mission to End Skyrocketing Autism, Declassifying Kennedy Files

Israel has killed 1,000 Palestinians in the West Bank since October 7, 2023

100m Americans live in areas with cancer-causing 'forever chemicals' in their water

Scientists discover cancer-fighting bacteria that "soak up" forever chemicals in the body

Israel limits entry of baby formula in Gaza as infants die of hunger

17 Ways mRNA Shots May CAUSE CANCER, According to Over 100 STUDIES

Report: Pentagon Halts Some Munitions Shipments To Ukraine Over Concerns That US Stockpiles Are Too Low

Locals Fear Demolitions as Israeli Troops Set Up New Base in Syrias Quneitra


Editorial
See other Editorial Articles

Title: Pentagon chief warns he won’t accept spending cuts ( Spunds Like The MIC Is Telling The Civilians to Keep Slaving Away)
Source: [None]
URL Source: [None]
Published: Aug 4, 2011
Author: http://www.rawstory.com/rs/2011/08/04/pe
Post Date: 2011-08-04 19:40:28 by tom007
Keywords: None
Views: 357
Comments: 14

Pentagon chief warns he won’t accept spending cuts

By Agence France-Presse Thursday, August 4th, 2011 -- 5:10 pm Print 5

Tags: barack obama, leon panetta, pentagon chief

WASHINGTON — Defense Secretary Leon Panetta warned Thursday he would not accept large military cutbacks under a debt deal, charging the move would weaken the United States faced with rising powers.

Panetta, holding his first formal news conference since taking charge of the Pentagon a month ago, launched a pre-emptive strike as a special committee prepares to slash spending under a last-ditch deal to avert a US debt default.

Panetta, a veteran Democratic Party dealmaker who was once in charge of budgets, said that "God willing" the process would not trigger sweeping cuts under which the Pentagon could lose another $600 billion.

Such cuts "I believe would do real damage to our security, our troops and their families and our military's ability to protect the nation," Panetta said.

"It is an outcome that would be completely unacceptable to me as secretary of defense, to the president and, I believe, to our nation's leaders," he said.

Defense spending, which has doubled since the September 11 attacks a decade ago, accounts for 20 percent of the overall federal budget. The United States spent some $700 billion last year on defense, far more than any other country.

President Barack Obama is planning to withdraw the last US troops from Iraq at the end of this year and pull combat troops from Afghanistan by the end of 2014. US forces killed terror leader Osama bin Laden in Pakistan in May and Panetta recently said a strategic defeat of Al-Qaeda is within reach.

Panetta insisted the United States still needed a robust defense to "bring those wars to a stable conclusion" and to face threats from Iran and North Korea which both have controversial nuclear programs.

In a likely allusion to China, Panetta said: "Then the responsibility is obviously to be able to project our power in the world in order to make sure rising powers understand that the United States still has a strong defense."

The debt deal signed into law by Obama on Tuesday calls for at least $2.1 trillion in cuts in government spending over 10 years. The White House said military spending will fall by $350 billion in the first round of $917 billion in cuts, in line with Pentagon expectations.

A special congressional committee has been created to come up with a second round of $1.5 trillion in further cuts from all areas.

But if the bipartisan committee fails, then cuts of $1.2 trillion would automatically come into force -- divided evenly between military and non-military spending.

Panetta stopped short of threatening to resign if the committee fails and triggers sweeping cuts, saying: "I didn't come into this job to quit; I came into this job to fight."

Most observers believe the committee is unlikely to approve such major defense cuts on its own as Obama's opponents in the Republican Party are eager to preserve military spending.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 1.

#1. To: tom007 (#0)

Military money on chopping block in austere time

TwentyTwelve  posted on  2011-08-04   19:42:50 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 1.

        There are no replies to Comment # 1.


End Trace Mode for Comment # 1.

TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]