But the truth is, they constructed this problem for themselves, and they constructed it by moving ahead in the face of assertions that if you do this, military spending is going to take 75 percent of the cuts. But they went ahead and did it anyway. We will see how it works out. Maybe they will be able to save themselves to some extent. But I predict that when all the dust settles, the Exon-Grassley amendment is going to cause a reduction in military spending below the levels that the President proposed.
Editor's note · Context
Discussing the implications of the Exon-Grassley amendment on military spending.
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