1.29.2009

Gates: Cash cows of war running dry

In his first appearance before the Senate Armed Services Committee as a member of President Barack Obama's cabinet, Defense Secretary Robert Gates today issued more words of warning to the defense industry and Pentagon bureaucracy.

"One thing we have known for many months is that the spigot of defense funding opened by 9/11 is closing," he said. "With two major campaigns ongoing, the economic crisis and resulting budget pressures will force hard choices on this department."

Read more @ Wired


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