Rapid Fire 2011-03-07: FY2011 Continuing Resolution

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* US Senate appropriators unveil a 7-month FY 2011 continuing resolution (CR) with $514 billion proposed for the defense base budget, $26 billion below what DoD wants and $2.1 billion less than the House-passed CR. * On the other hand, China is expanding its defense spending by a robust 12.7% in 2011. * USAF launches […]

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