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Posted on August 9, 2010 | tags

 
 

U.S.: Robert Gates does the unthinkable: He proposes cutbacks

  • 10% cut in Defense Department contractors proposed source
  • 3,000 jobs could disappear thanks to the massive contractor cuts and other proposed cuts
  • $530B the size of the Defense Department’s budget, which usually increases 2-3 percent yearly
  • 1% the amount the budget will increase next year, which is why they need to make cuts