The chairman of the House Armed Services Committee said he expects negotiators to finalize $5 billion in cuts to defense spending today, in accordance with the figures outlined in the two-year budget agreement reached last week and signed into law by President Obama on Monday. Rep. Mac Thornberry (R-TX) told reporters at a Nov. 2 DefenseOne summit that congressional leaders are “trying to do the least damage” in determining where to reduce spending, and that even big-ticket programs such...
