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Pentagon To Seek Less For Missile Defense In 2014 Budget

The Pentagon will request $9.16 billion for missile defense programs for the 2014 fiscal year that begins Oct. 1, about $550 million less than this year's $9.71 billion, according to internal budget figures obtained by Bloomberg News.

The missile defense proposal scheduled to be released April 10 is part of a $526.6 billion defense budget President Barack Obama will propose, according to government officials familiar with the budget plan who asked not to be named discussing it in advance/.../

The administration’s proposed defense spending for fiscal 2014 doesn’t include automatic cuts of as much as $50 billion that will be imposed unless Obama and Congress rescind or amend the deficit-reduction requirement.

The total Pentagon request will drop to about $475 billion if Congress doesn’t roll back the automatic cuts, Todd Harrison, a budget analyst with the non-partisan Center for Strategic and Budgetary Assessments in Washington told reporters April 5.