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Republican Senators Eye Loophole Fix to Avert Mandatory Pentagon Cuts

The Hill - July 10, 2012, By Alexander Bolton

Six Republicans on the Senate Armed Services Committee have signaled they would consider using revenue from closing tax loopholes to avert pending cuts to the military.

Defense Cuts of $500 Billion Vex Officials as Ax Nears

Bloomberg News - July 2, 2012, By Laura Litvan

Overseeing a series of mandated U.S. budget cuts in the 1980s and 1990s, former White House official Barry Anderson was none too popular with agency officials as he insisted that the reductions be applied uniformly.

In Grapevine, Panetta Calls Education Of Military Children A Matter Of National Security

Fort Worth Star-Telegram - June 28, 2012, By Chris Vaughn

GRAPEVINE -- Forty-four percent of the men and women in the armed forces are moms or dads.

As Deadline Looms for Growth Policies, Development Near Military Bases Worries Florida Officials

The Florida Current - June 28, 2012, By Bruce Ritchie

Living near military bases with live artillery fire or falling bombs may be a headache for some residents. But some military supporters have said those house-rattling booms are the sound of freedom.

$47 Million In Federal Funds Released to Build 2 Elementary Schools On JBLM

Lakewood Patch - June 27, 2012, By Jennifer Chancellor

Ground breaks in July on Carter Lake and Hillside Elementary Schools; allocation of funds called "overdue and critical."

Panetta Announces Grant For Bliss School

Army Times - June 27, 2012, By Angela K. Brown, Associated Press

GRAPEVINE, Texas — An elementary school on Fort Bliss in Texas and two other schools also needing repairs on military installations will share $60 million in federal grants announced Wednesday by Defense Secretary Leon Panetta, who said providing a strong education for soldiers’ children is a national priority.

U.S. Defense Cut Could Cost Billions To Implement

Reuters - June 27, 2012, By Andrea Shalal-Esa

WASHINGTON -- The Pentagon may have to pay billions of dollars in termination fees and other contract penalties if Congress does not stop $500 billion in automatic defense spending cuts due to take effect on January 2, a top weapons industry executive said on Wednesday.

Layoffs in Ohio Defense Industry Loom if Spending Cuts are Enacted

Dayton Daily News - June 27, 2012

Large defense contracting companies are threatening mass layoffs unless Congress acts to stop $500 billion in defense spending cuts that are to take effect in January, a leader of the Ohio region's defense industry said.

91,000 Jobs In Texas At Risk If Deals Not Reached

San Antonio Express-News - June 25, 2012, By Gary Martin

WASHINGTON — The alarm is sounded. More than 1 million defense-related jobs — including 91,000 in Texas — could be lost if Congress fails to act on budget deals to forestall across-the-board cuts, Obama administration officials and lawmakers have warned.

Congress Won’t Let Panetta Close Bases

The Washington Times - June 21, 2012, By Rowan Scarborough

Proponents see politics at play

Congress is poised to deliver a defeat to the Obama administration on one of its main defense policies in the new budget - base closings.