Automatic Budget Cuts Could Break U.S. Defense, Mullen SaysTony Capaccio
U.S. Admiral Mike Mullen, chairman of the Joint Chiefs of Staff, said military budgets may be trimmed by as much as $1.1 trillion during the next 10 years if a congressional supercommittee fails to agree on a deficit reduction plan, leading to automatic cuts.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Gulf Coast Oil Spill May Be Largest Since 2010 BP Disaster
- Racist Outburst Prompts Faber’s Exit From Three Company Boards
- Airbus Snaps Up Bombardier Jet in New Challenge to Boeing