Panetta defends trimmed Pentagon budget

[BAMAPHIN 22]

Defense Secretary Leon Panetta and the nation's top military leader on Tuesday defended the Pentagon's slimmed-down, $614 billion budget, telling lawmakers it's time to show Congress is serious about reducing the deficit.Testifying before the Senate Armed Services Committee, Panetta warned lawmakers that budget cuts will hit all 50 states, but he says the reductions have been carefully planned and there is little room for changes.Army Gen. Martin Dempsey, the chairman of the Joint Chiefs of Staff, said the budget tradeoffs were tough and complex, but they will produce the savings mandated by the $487 billion in reductions over a decade the President Barack Obama and congressional Republicans agreed to last summer.
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[Dolphins9954]

They "trimmed" it down to Bush's 2007 military spending levels. Which by the way was his biggest. It's all a scam. The "cuts" come from projected spending increases and not real cuts at all.