Cohen Says Defense Department Not Immune to Recession: Video
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Cohen Says Defense Department Not Immune to Recession: Video

Aug. 11 (Bloomberg) -- William Cohen, chief executive officer of the Cohen Group and a former U.S. defense secretary, discusses the outlook for U.S. military budget cuts. Defense Secretary Robert Gates said the Pentagon needs to save money by further reducing a "cumbersome" U.S. military hierarchy, setting up potential battles with members of Congress who support targeted programs. Cohen speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg) (Bloomberg)

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