Monday, May 10, 2010

SPB News for Monday

Gates: Pentagon must cut overhead, restrain spending
— (CNN) — The Pentagon must hold down its spending and make choices that will anger “powerful people” in an era of economic strain, Defense Secretary Robert Gates said in a weekend speech in Kansas. —

E.U. Nearing Deal on Plan to Stabilize Economies
— BRUSSELS - European Union finance ministers on Sunday night reached a deal to provide hundreds of billions of euros in loans and other financing to help stabilized troubled European economies teetering in a growing debt crisis.

Kentucky Next Tea Party Target After Utah
WASHINGTON — After toppling three-term Republican Sen. Robert F. Bennett in Utah, tea party activists and other conservative critics shifted their sights Sunday to a mid-May primary in Kentucky, their next big challenge to a political establishment they have
vowed to upend.

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