Prospects are dimming that defense appropriations for fiscal 2012 will wrap up by a Dec. 16 deadline. The Pentagon—along with most of the federal government—is being funded through a continuing resolution at fiscal 2011 levels until then. “It's likely that the continuing resolution will be extended further, perhaps into January,” says Todd Harrison, a senior fellow with the nonpartisan Center for Strategic and Budgetary Assessments. Congress returns from the Thanksgiving holiday break this ...

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