Editor's Note: This article was updated on Sept. 25 with additional quotes from White House officials. The $700 billion taxpayer-financed bailout package the Bush administration has proposed for Wall Street will compound pressures on the federal budget and force reductions to military spending, Rep. John Murtha (D-PA), the chairman of the House Appropriations defense subcommittee, predicted in an exclusive interview with InsideDefense.com . Murtha, who wields enormous influence over Pentagon spending, said the Bush administration's plan to try to steady...
