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US: Senate panel backs $631 billion in defense spending
Reuters – A Senate panel voted on Thursday to authorize $631.4 billion in defense spending for the 2013 fiscal year, blocking plans to cut the Air Force and ordering offsetting reductions in Pentagon civilian personnel to stay within the president’s budget limits. The Senate Armed Services Committee approved a defense policy bill that would authorize a base Pentagon budget of $525.8 billion along with $88.2 billion for the Afghanistan war and other overseas operations. The panel also authorized $17.3 billion for Energy Department nuclear weapons programs. Read Article
Tags: debt wealth, military, North America
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