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Reuters

Crisis could crimp defense spending, now at World War II levels

McClatchy Newspapers - Wed Oct 8, 8:11 PM ET

WASHINGTON — With the U.S. economy in crisis and military spending at its highest level since World War II, military officials and experts are worrying that America may have to start reining in defense spending.

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Iraqi Senior Deputy Minister of Administration and Finance Al-Assadi speaks during a news conference with U.S. Army Brigadier General Michael Milano, Director of ...

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