Pentagon has huge

Pentagon has huge "fiscal cliff" worries

November 11, 2012 4:31 PM

If the automatic spending cuts negotiated earlier to avoid the so-called "fiscal cliff" on the federal budget take effect, 50 percent of the burden would fall on the Pentagon. David Martin explains what would that mean.

  • Recommended
  • On the road: The student and the vet On the road: The student and the vet

    2:18 May 17, 2013

  • Powerball hits $600 million record Powerball hits $600 million record

    1:33 May 17, 2013

  • Dempsey, Kerry blast Russian support of Assad Dempsey, Kerry blast Russian support of Assad

    1:33 May 17, 2013

  • A victim's story of domestic abuse A victim's story of domestic abuse

    3:08 May 17, 2013

  • Texas tornado survivor found neighbor's house in backyard Texas tornado survivor found neighbor's house in backyard

    2:07 May 17, 2013

  • How does a group qualify for tax-exempt status? How does a group qualify for tax-exempt status?

    1:52 May 17, 2013

  • How a How a "chance" question sparked IRS scandal

    1:43 May 17, 2013