Top of the Hour: Panetta Warns Against defense Cuts, Morning Headlines

The Takeaway

Defense Secretary Leon Panetta said deep cuts in the defense budget would hollow out the U.S. military and  “terribly weaken our ability to respond to threats from the world.”  Speaking alongside Secretary of State Hillary Clinton, Panetta said the Pentagon is prepared to make $350 billion in cuts over the next decade.  The problem, he says, are the $500 billion cuts that are triggered if Congress can’t reach a deal to lower the deficit.

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