Friday, August 5, 2011

Panetta advocated not more cuts in defense spending - New York Times

WASHINGTON Secretary of Defense Leon Panetta E. said effectively increase to control Congress on Thursday and cut social security and Medicare, before he had a another blow to the Pentagon budget on defence cuts in the debt ceiling deal already demanded.

In his first press conference Pentagon lent Mr. Panetta, a former budget Director in Clinton White House, his voice, the Obama management strategy of the pressure on Congress to examine, sales trigger, when a Special Committee this fall $1.5 trillion in additional deficit reduction measures recommended meets. Mr Obama signed a debt ceiling on Tuesday calling for initial 1 trillion dollars in cuts.

Mr. Panetta argument was that defence had given up enough - over $350 billion of this 1 trillion dollars over 10 years - and that further cuts would have a major impact. Then he segued into a short speech about "" Federal Republic of expenditure such as defence, and "connected is authentic" federal spending such as social security and other claims.

"Let me for a moment a budget cap to set", Mr. Panetta said of a month is in his job as Defense Minister. "You can not with the size deficits that this country is confronted by you just deal with the shared page of the budget." Less than one-third of the entire federal budget represents.

"You have, has, as the President made clear, if you're going, look at the deficits of this size, have look at the compulsory side of the budget, which is two-thirds of the federal budget." "And you need to consider also revenue as part of this response."

Mr. Panetta made just his comments on the second by a Pentagon potentially shrink its way for the first time since the attacks of September 11, 2001, that it has faced pushback on hundreds of billions of dollars of budget cuts spending come.

Mr. Panetta and Admiral Mike Mullen, the Chairman of the joints chiefs of staff, that Mr. Panetta at the news conference joined, to describe the words such as "disastrous" and "unacceptable" to across-the-board cuts the automatically would occur if the new Committee on cuts in the autumn.

Mr. Panetta took the position that the Committee should make no further cuts, either defense. The White House has not ruled out reducing but another defence. The Committee is composed of six Democrats and six Republicans would be also unlikely that they take from the table.

At one point Mr. Panetta the intensity was given asked his language, if he would resign if the across-the-board cuts, "Sequestration" of government spending called entered,. Mr. Panetta chortled and replied "I don't think that it would sequester myself." Then added he, "I'm not in this job to finish, I came to this job to fight."

Mr. Panetta went back to say, where more than $350 billion in defense budget cuts would come in the next 10 years. But defense officials say it could reduce the most important weapons programs, reductions in the size of the armed forces and premiums for the military health system, increased Tricare.


via:Top News Google

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