Pentagon to Slash $32 Billion from Service Budgets; More Cuts May Follow

By Jen DiMascio, Jason Sherman / November 2, 2005 at 5:00 AM
The Defense Department is weighing $32 billion in cuts to major weapon systems and Army force structure over the next six years, reductions that may represent only a down payment on the total bill facing the Pentagon as federal budget pressures mount. The steep cuts -- including an $8 billion decrement in fiscal year 2007 -- were proposed by the services after Gordon England, acting deputy defense secretary, directed them in an Oct. 19 memo to nominate $32.1 billion in...

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