Last Updated: Sunday, November 17, 2013, 16:12
Defence Secretary Chuck Hagel sounded an alarm bell about budget cuts he said threaten America`s security and global military role, while "gambling" over the risk of an unexpected threat.
Last Updated: Wednesday, June 26, 2013, 11:01
The United States Army has announced to reduce its strength by a whopping 80,000 by 2017 as part of a budget-cutting plan, making it one of the largest force reductions since World War II.
Last Updated: Saturday, April 27, 2013, 18:11
President Barack Obama on Saturday called on the US Congress to end the "reckless" and "dumb" budget cuts known as the sequester, and to adopt a plan of "smarter" cuts to fuel economic growth.
Last Updated: Monday, March 11, 2013, 00:23
Even a rural festival celebrating the harvest of Georgia`s famous sweet onions isn`t safe from the federal budget battle 1,000 kilometres away.
Last Updated: Sunday, March 10, 2013, 15:58
US President Barack Obama was in his elements over a whopping USD 85 billion forced spending cuts his administration was facing, saying, "My joke writers have been placed on furlough."
Last Updated: Sunday, March 10, 2013, 15:52
Last Updated: Saturday, March 02, 2013, 09:11
The sequester is "dumb" but is "not going to be an apocalypse," Obama said after his nearly hour long meeting with the Congressional leaders.
Last Updated: Sunday, February 03, 2013, 18:39
While some ministries are reconciled to the anticipated budgetary cut by the Finance Ministry, a few others are cribbing about it.
Last Updated: Saturday, April 07, 2012, 17:07
Chinese think tanks have rejected a
US Congressional report on the Communist nation`s weapon`s development, describing it as a trick to offset the Pentagon`s
Last Updated: Friday, March 23, 2012, 10:07
Britain`s Conservative-led coalition is seeking to make cuts of some 20 percent to police budgets.
Last Updated: Friday, October 14, 2011, 11:26
Leon Panetta said US President agreed with his assessment that there should be no further cuts to defence spending.
Last Updated: Wednesday, October 12, 2011, 11:00
US defence budget cuts will
require a "smaller" US ground force and "hard choices" about how to preserve American military power with less money, Defense Secretary Leon Panetta said Tuesday.
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