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Pentagon goes on an $8 billion year-end technology spending spree
Nextgov: While lawmakers went into overdrive to hammer out a budget deal before tax increases and automatic spending cuts kick in Jan. 1, the Defense Department pumped out billions of dollars in new weapons contracts in a move apparently designed to obligate funds before year end. If Congress and the White House do not reach a budget agreement today the Pentagon will have to absorb $50 billion in automatic spending cuts under a budget rule known as sequestration.
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