Prospects for wrapping up the defense spending bill for fiscal 2012 by the Dec. 16 deadline are dimming. Defense is currently being funded through a continuing resolution along with much of the rest of the federal government. “It’s likely that the continuing resolution will be extended further, perhaps into January,” says Todd Harrison, a senior fellow with the Center for Strategic and Budgetary Assessments. Before leaving for the Thanksgiving break, the Senate was debating the ...

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