Russia Today
With the Pentagon looking for new ways to cut back on costs, a report released this week presents a plan to save $250 billion over the next two decades. All they have to do is take away retirement plans from veterans.
Defense Secretary Leon Panetta said Tuesday that any large cuts in defense spending would “terribly weaken” the national security of the US. “This is not about the Defense Department or the State Department,” Panetta told reporters. “This is about the United States of America.”
That being said, the DoD doesn’t plan on curbing the $115 billion it will spend on rust-proofing their fleets during the next five years. Sure the Pentagon announced this week that they would be investigating the Defense Advanced Research Projects Agency, DARPA, to make sure they aren’t abusing the government funding that makes up their multi-million dollar contract. And yes, last week also saw the Falcon Hypersonic Technology Vehicle-2 unmanned aircraft lose contact with military operators after the Pentagon has put $300 million into the project. Those operations will continue.
Benefits, however, will not...[Full Article]
