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Pentagon sees budget uncertainties ahead

By promising to drastically slash spending, the Pentagon hopes to convince the US Congress not to reduce its colossal budget. But experts say that may not be enough in a tough fiscal climate. Defense Secretary Robert Gates on Monday announced measures to save 100 billion dollars over five years, including…

Geithner: Unemployment could go up before it goes down

Geithner defends tax policy; Argues extending cuts for rich would be ‘deeply irresponsible’ Treasury Secretary Timothy Geithner said Tuesday it would be “deeply irresponsible” for the Obama administration to support a wholesale extension of Bush era tax cuts, including breaks for the wealthy. Geithner said in a nationally broadcast interview…

Obama Energy Secretary once said BP was going to save the world

In 2007, Obama’s Secretary of Energy, had a bold pronouncement: British Petroleum was going to help save the world. The former Stanford Professor and 1997 Nobel Laureate Stephen Chu made the comment in an interview now available on YouTube. At the time the video was filmed, BP had just given…

Clinton warns Pakistan of ‘very severe consequences’ if linked to terror plot

Pakistan faces “very severe consequences” if a terror plot like the failed Times Square bombing was traced to that country, US Secretary of State Hillary Clinton said in remarks made public on Saturday. However Clinton also acknowledged Pakistan’s increased cooperation in the war on terror, but said the United States…

US finally extradites former Panamanian leader Manuel Noriega to France

The United States extradited former Panamanian strongman Manuel Noriega to France Monday to face money-laundering charges after years of public wrangling, US and French officials said. Noriega was placed aboard an Air France jet in Miami for the flight back to France escorted by French prison officials, a source close…

Pentagon backtracks: Iran attack not ‘off the table’

WASHINGTON — US military action against Iran has not been ruled out, a Pentagon spokesman said Wednesday, after a top official said such an option was off the table in the “near term.” The Defense Department faced questions about US policy on Iran after Michele Flournoy, undersecretary of defense for…

Gates announces changes to ‘Don’t ask, don’t tell’

At a press conference Thursday, Defense Secretary Robert Gates announced that the military would ease its ban on gays. “Among other things, Gates said the Pentagon is raising the threshold for what constitutes an appropriate level of information necessary to launch a ‘credible inquiry’ into allegations of homosexual behavior,” according…

Gates orders ‘study’ of private contractors’ spy operations

Defense Secretary Robert Gates has ordered a study of US “information operations” after a Pentagon official allegedly set up a spy network with private contractors, a spokesman said on Tuesday. A small team of senior military and defense officials will “conduct a quick look assessment” and report their findings within…

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