Will the Pentagon suffer in debt deal?

posted by
August 4, 2011
The Nation
by Robert Dreyfuss  
Posted in Commentary, PND Commentary

"The Pentagon is getting nervous about the implications of the slash-and-burn budget deal signed by President Obama this week. Because the deal sets up a mechanism to apportion $1.2 trillion in further cuts equally between defense and other programs -- which means a $600 billion hit for the Department of Defense over the next ten years -- the leaders of DOD are sending out signals that even that relatively modest amount would be, as the New York Times reports today, 'cataclysmic.' Of course, it would be no such thing." (08/04/11)


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