Pentagon Bid to Retire Aging Aircraft Rejected in House

Bloomberg.com - 5/23/2014

The U.S. House passed a $601 billion defense authorization bill that rejects Pentagon plans to retire Cold War-era planes and rebuffs efforts to find savings in military benefits and base closings. By a vote of 325-98, lawmakers took the first step toward setting defense policy and spending for the fiscal year that begins Oct.1.

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