A group of 100 Democratic Congressman, led by Jim Himes (D. CT), sent a letter to Obama yesterday urging him to veto a bill that would roll back the defense cuts. Scheduled to take effect in 2013, the sequestration cuts would include $500 billion from the Department of Defense, the…

Defense Secretary Leon Panetta announced Thursday that the Pentagon will cut military spending in the coming years by shedding 1000,000 troops, raising health care costs for veterans and slowing the growth of soldier pay.