Pentagon: Army, Marines to shrink as budget slows (AP)

Defense Secretary Leon Panetta outlines the main areas of proposed spending cuts during a news conference at the Pentagon, Thursday, Jan., 26, 2012. (AP Photo/Pablo Martinez Monsivais)AP – The Pentagon outlined a plan Thursday for slowing the growth of military spending, including cutting the size of the Army and Marine Corps, retiring older planes and trimming war costs. It drew quick criticism from Republicans, signaling the difficulty of scaling back defense budgets in an election year.



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