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Analysis: Sequester unlikely, but major Defense cuts ahead

Russel Rumbaugh, co-director of budgeting for foreign affairs and defense at the Stimson Center, sees the looming sequester as an empty threat. Meanwhile, DoD and the administration move forward with significant cuts in spending.

Tags: DoD , Leon Panetta , Federal Drive , Stimson Center , sequester , sequestration , budget , Michael OConnell

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