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Wednesday, November 23, 2011

postheadericon Romney: Defense cuts 'like holding a gun to your own head'

Mitt Romney on Monday criticized the likely failure of the deficit-cutting supercommittee and said automatic cuts to defense spending triggered by the congressional panel's negotiation break-down would be "like holding a gun to your own head."

The supercommittee is expected to announce on Monday that it has not reached a deal to cut at least $1.2 trillion from the nation's deficits over the next decade. Failure triggers $1.2 trillion in automatic cuts, some to the military, scheduled to go into effect in 2013.

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