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Pentagon Reportedly to Seek 20 Percent Cut in War Funding

The Pentagon will request about $51 billion in war funding for the fiscal year starting Oct. 1, a 20 percent reduction from the $64 billion Congress approved this year and the least since the Sept. 11 terrorist attacks, officials and congressional aides said.

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Little Chance Of New Budget Deal On Hill, Analysts Say

Several leading defense analysts have little confidence in the ability of Congress to produce another Murray-Ryan type budget deal that would partially stave off the effects of sequestration in the fiscal 2016 budget and beyond.

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Pentagon Meets Resistance on Benefit Cuts

The Pentagon is planning another push to whittle down benefits for troops when it submits its 2016 budget to the White House in February over fierce opposition from military groups and some in Congress.

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The Drop in Oil Prices Could Save the Pentagon Billions of Dollars

The sharp decline in crude oil prices over the past five months could end up saving the Pentagon billions of dollars in the coming years, freeing up the money for weapon purchases and improving military readiness, some experts say.