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Obama launches reshaping, shrinking of US military

Obama, flanked by Defense Secretary Leon Panetta and Chairman of the Joint Chiefs of Staff Gen. Martin Dempsey, unveiled the results of an eight-month defense strategy review that is intended to guide decisions on cutting hundreds of billions from planned Pentagon spending over the coming decade. But the eight-page document contained no details about how broad concepts for reshaping the military will translate into troop or weapons cuts.

Tags: DoD , DoD budget , Leon Panetta , Martin Dempsey , Buck McKeon

Friday - 01/06/2012, 06:34am EST

Will revised DoD strategy put military pay, benefits on table?

Rudy DeLeon, the former deputy defense secretary, told In Depth with Francis Rose the new strategy and the key ideas behind did not come out of the blue. "This has been coming for a while," he said, including the possibility of military pay and benefits being on the table.

Tags: In Depth , Francis Rose , Rudy deLeon , budget , DoD , pay and benefits , Leon Panetta

Thursday - 01/05/2012, 08:42pm EST

Pentagon chief: Smaller military means extra risk

The Pentagon chief says the U.S. will have to make some tradeoffs and take some extra risks under the new military strategy laid out to absorb federal budget cuts.

Tags: DoD , Martin Dempsey , Leon Panetta , budget

Thursday - 01/05/2012, 02:04pm EST

LIVE: DoD announcement at 10:50 a.m.

President Barack Obama, Defense Secretary Leon Panetta, and General Martin Dempsey, chairman of the Joint Chiefs of Staff, brief the media today on their strategy for a slimmed-down DoD.

Tags: DoD , Martin Dempsey , Leon Panetta , budget

Thursday - 01/05/2012, 11:00am EST

Pentagon can now go on cyber offensive

Defense Appropriations Bill signed by President Obama gives the Defense Department the ability to conduct cyber attacks.

Tags: cybersecurity , Cybersecurity Update , DoD , Congress , Federal Drive

Thursday - 01/05/2012, 07:52am EST

Obama signs pipeline safety, airport security laws

Military personnel and accompanying family members will now enjoy expedited screening at airports, thanks to new law signed by President Obama.

Tags: TSA , DoD , airport screening , Congress

Tuesday - 01/03/2012, 05:19pm EST

US finalizes deal to sell F-15s to Saudi Arabia

Tags: DoD , F-15 , Saudi Arabia , Congress , industry

Thursday - 12/29/2011, 07:52pm EST

Obama nominates 2 to Federal Reserve Board

While on vacation, President appoints a Democrat and Republican Jeremy Stein and Jerome Powell to the Federal Reserve Board of Governors.

Tags: Ben Bernanke , Federal Reserve , Jeremy Stein , Jerome Powell , Bipartisan Policy Center , Treasury Department

Tuesday - 12/27/2011, 03:50pm EST
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