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Saturday, May 12, 2012

Panetta To Congress: Thanks But No Thanks

Hours after a key House committee voted to give the Pentagon more money than it asked for in next year's budget, Defense Secretary Leon Panetta warned passing the increase would set a showdown with the Senate and force sequestration to happen. Overall, the House bill would authorize $3 billion more for national defense programs in DoD and other agencies than the administration's budget proposed.

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