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It's Official: Dod Told To Take Cut With FY20 Budget

from Defense News

The Pentagon has officially been told the national security top line for fiscal 2020 will be $700 billion, representing the first cut to defense spending under the Trump administration. Deputy Secretary of Defense Patrick Shanahan told reporters at the Military Reporters & Editors Conference that Office of Management and Budget head Mick Mulvaney directly told him the Department of Defense must aim for the $700 billion figure, first floated by President Donald Trump at a Cabinet meeting. more

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