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Hagel to Prod Lawmakers With Budgets Exceeding Limits - Bloomberg

Hagel to Prod Lawmakers With Budgets Exceeding Limits - Bloomberg: "U.S. Defense Secretary Chuck Hagel plans to tell Congress today that he will propose budgets in coming years that exceed mandated spending caps in order to avoid compromising national security.

Hagel intends to use testimony before the Senate Armed Services Committee to lay down a marker against the reductions that are scheduled under the budget cuts known as sequestration. Over the next five years, Pentagon budget plans would exceed the approved spending caps by about $115 billion, Hagel said."



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