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House, Senate Agree To $585B Defense Spending Bill

By Jessica Corso (December 3, 2014, 2:28 PM EST) -- The U.S. Senate and U.S. House armed services committees announced the terms of a $585 billion compromise on the National Defense Authorization Act for 2015 in the nick of time, unveiling an agreement Tuesday that seeks to cut spending through U.S. Department of Defense reforms and to shore up support for U.S. military operations in the Middle East....

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