Pentagon Arms Buyer Sees Deal by Congress to Delay Spending Cuts

November 5, 2012

The Pentagon's top arms buyer on Monday said he expected U.S. lawmakers to agree in coming weeks to delay implementation of an additional $500 billion in automatic defense spending cuts that are due to start taking effect in January.

Undersecretary Frank Kendall said the Defense Department had begun early planning for the process known as sequestration, which would cut the military's budget by an extra $50 billion a year, on top of over $50 billion in annual cuts already on the books.

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