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Tag: sequestration

1 article

Pentagon official reviews financial documents in formal setting.

Pentagon Obligates $142B in Reconciliation Funding, Leaves Billions at Risk of Cuts

The Pentagon has already secured a whopping $142 billion from last year's reconciliation bill, but $10 billion remains at risk of being slashed by 8.3% if not quickly obligated. Time is ticking to avoid a costly cut that could derail key modernization projects.

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