Pentagon To Cut Spending For First Time Since 9/11

WASHINGTON — For the first time in more than a decade defined by costly wars in Afghanistan and Iraq, the Pentagon announced plans Thursday to freeze its ballooning budget, forcing the services to shrink the Army and Marines and increase h…

WASHINGTON — For the first time in more than a decade defined by costly wars in Afghanistan and Iraq, the Pentagon announced plans Thursday to freeze its ballooning budget, forcing the services to shrink the Army and Marines and increase health care premiums for military retirees and their families.

The Pentagon says it can stop asking for annual budget increases in 2015, adjusting its spending only for inflation. The last time the Pentagon’s budget went down was in 1998.

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