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How Republicans and the media wildly overstated the threat of military budget cuts.
The Case of the $100 Billion Error:
Anxiety is rising in Washington about the big cuts to military spending slated to go into effect in January unless Congress takes action.
Republicans, defense industry executives, and some Democrats are arguing hard against the automatic cuts, which were the result of last summer's deal to raise the debt ceiling and would also cut nondefense spending equally. Multiple members of Congress have warned that slashing defense spending by $600 billion would devastate the military, with Sen. Lindsey Graham this month predicting the cuts would deal "a death blow to our ability to defend ourselves."
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