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Big Defense Budget Request Actually Down in Total Dollars

Defense Secretary Robert Gates today unveiled the Pentagon's proposed 2012 budget, the department's largest-ever spending request, calling it "a reasonable, responsible and sustainable level of funding" given the national security threats facing the United States. The request included $553 billion for the base budget of...

Tea Party-Backed Candidates Say Defense Not Exempt From Cuts

WASHINGTON -- Tea partiers clamoring for the debt-ridden government to slash spending say nothing should be off limits. Tea party-backed lawmakers echo that argument, and they're not exempting the military's multibillion-dollar budget in a time of war. That demand is creating hard choices for the newest members of...

Defense Secretary Plans to Cut $78B From Pentagon Budget

WASHINGTON -- For the first time in more than a decade defined by costly wars in Afghanistan and Iraq, the Pentagon announced plans Thursday to freeze its ballooning budget, forcing the services to shrink the Army and Marines and increase health care premiums for military retirees and their families. The Pentagon says it...

UK Cuts Endanger Special Relationship With US

LONDON (Oct. 15) -- Since the end of World War II, Britain has been America's most dependable ally, fighting alongside it in battle zones from Korea to Afghanistan. But leading U.S. officials are now questioning whether that special relationship can survive plans by the country's recession-hit government to brutally slash...

US Plans $60 Billion in Arms Sales to Saudi Arabia

(Sept. 13) -- The Obama administration is expected to formally notify Congress soon of a record-setting arms sale worth $60 billion to Saudi Arabia. The deal is expected to include 84 F-15E fighters and almost 200 helicopters, including Apaches and Black Hawks, The Wall Street Journal reported today. A Pentagon spokesman...

Background on defense budget

A military budget (or military expenditure), also known as a defence budget, is the amount of financial resources dedicated by an entity (most often a nation or a state), to raising and maintaining an armed forces.

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