Defense budget takes calculated risks.

National DefenseVol. 87 Nbr. 592, March 2003

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President's Perspective

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Defense budget takes calculated risks.

The defense budget submitted to Congress in early February is touted by the administration as its first budget that truly addresses the need to "transform" our military services into a force better equipped to deal with the threats of the new century.

But given the relatively small increases in the procurement accou...

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