Rapid Fire 2011-03-07: FY2011 Continuing Resolution

Rapid Fire 2011-03-07: FY2011 Continuing Resolution

* 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...