Panetta promises responsible defense cuts

Tuesday - 8/9/2011, 11:47am EDT

Billions of dollars in defense cuts are coming, but Defense Secretary Leon Panetta, in a message to the work force this week said, "I am determined not to repeat the mistakes of the past." Without saying what those mistakes were, he quoted President Barack Obama's plan "to conduct a fundamental review of America's missions, capabilities, and our role in a changing world." He added, he will make sure that defense cuts are "not pursued in a hasty, ill-conceived way that would undermine the military ability to protect America and its vital interests around the globe".