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Shows & Panels
More DoD cuts called for in Obama's deficit plan
Wednesday - 4/13/2011, 5:06pm EDT
Federal News Radio
President Obama said Wednesday that a plan to cut $4 trillion in the deficit over 12 years will include spending cuts at the Defense Department.
In remarks at George Washington University in Washington, D.C., the President said:
Just as we must find more savings in domestic programs, we must do the same in defense. Over the last two years, Secretary [Robert] Gates has courageously taken on wasteful spending, saving $400 billion in current and future spending. I believe we can do that again. We need to not only eliminate waste and improve efficiency and effectiveness, but conduct a fundamental review of America's missions, capabilities, and our role in a changing world. I intend to work with Secretary Gates and the Joint Chiefs on this review, and I will make specific decisions about spending after it's complete.
President Obama's plan is short of the $6 trillion in cuts over a decade proposed by House Republicans.
This story is part of Federal News Radio's daily DoD Report. For more defense news, click here.