January 5, 2012
Defense Department Department of Defense | Briefing Room White House
President Obama and Defense Secretary Leon Panetta spoke to reporters at the Pentagon about U.S. military strategy in the 21st century. The new military strategy included $487 billion in cuts over the next decade. President Obama said that the cuts would come from planned spending increases and that the U.S. would maintain a budget that is roughly larger than the next 10 countries' military budgets combined.
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