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The Right Way to Cut Defense Spending

Lars795 Wrote: Jan 15, 2013 2:15 AM
If I remember correctly, he cannot be working in a Federal job AND receiving military pension, his service time and pension are basically added together so as he retires at around 55 with full pension. Of course things have changed drastically. What is wrong is Congress getting a pension for serving just ONE term in office!!
Republicans, and many Democrats, are upset by the prospect of so-called sequestration cuts to the nation's defense budget. Pentagon chief Leon Panetta is so alarmed that the day before the Senate took up what became the "fiscal cliff" agreement, he called a key Republican lawmaker, Sen. Lindsey Graham, to express deep concern that the cuts might go into effect. As it turned out, Congress put them off for two months.

Sequestration would force the government to reduce discretionary spending by about $1.2 trillion over the next decade. Roughly half of that, or $600 billion, would come from defense -- a...