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Defense Saving $400 Billion May Mean More Troop Cuts
Defense Saving $400 Billion May Mean More Troop Cuts
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Defense Saving $400 Billion May Mean More Troop Cuts
June 23 (Bloomberg) — The U.S. military will likely shed more troops than currently planned to meet President Barack Obama\u2019s goal of cutting $400 billion in national-security spending through fiscal 2023, according to a Bloomberg Government study.   Defense analyst Robert Levinson concludes in his study, "Pentagon’s $400 Billion Reduction Likely Means Job Cuts," that troop reductions are the most direct way to lower workforce costs. Megan Hughes reports on Bloomberg Television's "In the Loop."…
Channel: Yahoo! Finance
Category: Business
Video Length: 129
Date Found: June 23, 2011
Date Produced:
View Count: 0
 
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