Military cuts announced

The Pentagon says the Obama administration will propose to Congress that U.S. ground forces be reduced by 100,000 as part of budget cuts. Those cuts would also eliminate older aircraft, limit military pay raises and slow the buying of a next-generation fighter plane. Defense Secretary Leon Panetta tells a Pentagon news conference the administration will request a 2013 budget of $525 billion, plus another $88 billion for operations in Afghanistan. Combined, those totals are about $33 billion less than the Pentagon is spending this year.