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Mullen: Economic Crisis Squeezes Defense Spending

February 3, 2009

The floundering global economy will force reductions in U.S. defense spending and likely drive up global instability, Adm. Michael Mullen, chairman of the Joint Chiefs of Staff, said Feb. 2.

Speaking to a Reserve Officers Association-sponsored conference in Washington, Mullen said he is “extremely concerned that one of the outputs” of the economic mess “will be instability in places we might predict” and in other places where planners might not expect calamity.

To read the complete article, follow this link to Defense News

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