Will New Military Budget Prolong Recession?

Many cities and towns across this country rise and fall with military spending. And with Defense Secretary Robert Gates' announcement earlier this week of new defense spending priorities, many communities are bracing for drastic cuts or a windfall. From Seattle to St. Louis to Fort Worth, communities are closely watching how the $534 billion spending plan for the 2010 fiscal year plays out in Congress. The key to the whole process is that Gates and President Obama have to look out for the...Full Story
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