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Painful Cuts Expected In Pentagon Budget

Posted: 03/31/2009 - Major program cuts will not be pushed off until the 2011 budget, but will be included when Defense Secretary Robert Gates sends his spending plan to the president later this month.

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New GM CEO Says Bankruptcy Still An Option

Posted: 03/30/2009 - General Motors Corp.'s new chief executive says there's a greater risk that the company will have to reorganize through bankruptcy, because of greater demands from the Obama administration to get debt off its balance sheet.

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