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Panetta: Sequestration would make U.S. ‘second-rate power’

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Secretary of Defense Leon Panetta used a hearing on the Sept. 11, 2012 terrorist attack on Benghazi to plead with Congress for a budget agreement that would prevent sequestration cuts to the Department of Defense. During his testimony before the Senate Armed Forces Committee on Thursday, Panetta said his greatest concern as defense secretary is the fiscal uncertainty hanging over Washington. “I...

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