BUSINESS

Hagel budget proposal an 'opening bid'

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Defense Secretary Chuck Hagel proposed a smaller more nimble military last week. He want to shift the Pentagon's priorities after more than a decade of war in Iraq and Afghanistan.

"We must now adapt, innovate, and make difficult decisions to ensure that our military remains ready and capable -- maintaining its technological edge over all potential adversaries," Hagel said.

Ernesto Londoño, Pentagon correspondent for The Washington Post, discussed the proposal with Government Matters.

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