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Change Even Conservatives Can Believe In! Obama Is Going To Increase The Defense Budget
An 8% increase over last year's number, not including war costs which will be added in later.
Fox's report on Friday of an 11% cut was apparently in comparison to the Pentagon's wish list for next year not the baseline from this year. Departmental budgets in the public and private sector often come in with requests for huge increases knowing they will be cut down to something more manageable in the overall budgeting process.
If this increase pans out and holds up in Congress it's certainly a bit of good news.