Tags: Barack Obama | Economic- Crisis | Leon Panetta | Defense Spending | CIA | tea party | Robert Gates

Panetta to Lead Effort to Cut Defense Spending

Thursday, 28 Apr 2011 11:56 AM

By Dan Weil

President Barack Obama has proposed more than $400 billion in defense spending cuts over the next 12 years. And his selection of CIA Director Leon Panetta as his new secretary of defense shows the president wants a strong advocate for that policy, Politico reports.

Leon Panetta,Defense Spending,CIA,tea party,Robert Gates
President Obama with Secretary of Defense Leon Panetta
Republicans are divided on the issue, with fiscal conservatives favoring substantial spending reductions for the Pentagon and military hawks opposing them.

Tea party-backed Republicans helped lead the House to strike spending on an alternative engine for the F-35 fighter jet.

As for Panetta, having spent time as director of the Office of Management and Budget, many experts expect him to advocate cutbacks that current Defense Secretary Robert Gates has been reluctant to support.



© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Donald Trump: 'I Will Take Full Credit' for Romney Dropping Out

Friday, 30 Jan 2015 22:11 PM

A week ago, just before and during the Iowa Freedom Summit, real estate mogul Donald Trump was quick to call out two-tim . . .

Jim Webb: Dems Must Rediscover 'White Working People'

Friday, 30 Jan 2015 21:47 PM

Democrats have lost touch with working-class whites who mattered to presidents such as Franklin Roosevelt and Harry Trum . . .

GOP Leaders Discuss 'What's Next?' After Romney Exit

Friday, 30 Jan 2015 20:35 PM

Almost to a person, state Republican chairmen and members of the Republican National Committee voiced relief at Mitt Rom . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved