you are seeing a reduction in defense spending in defense outlays. the reduction of war funding will happen as we drawdown in afghanistan. in the base defense budget, 2010 was the peak in the budget. it has declined since then in real terms. the fiscal year 2013 request is about 2.3% less than the appropriated amounts in fiscal year 2012. that is in real terms. we are seeing a 2.3% reduction. if you look at the projection over the coming years, it is flat. it goes slightly higher than inflation, .o1% over the next five years. do not to read too much into those. >> these are the obama administration's budget request. it projected flat at the same peak level of defense spending. fiscal year 2011 came up. fiscal year 2012 went down. it is flat for the projection in the future. the reagan administration was projecting growth in defense spending all the way through the end of the administration although the budget kept coming down. the start of that drawdown from fiscal year 1985 until 1986 was sequestration. >> sequestration can affect all of the federal

we recognized that defense attorneys right to defense, a defense attorney is going to see europe stands -- standard ground was going to be the basis for the defense claim. i would ask this audience on television and among us to tease out those issues and focus on the important constitutional mandate that we as t legislature have taken very seriously. >> sense it has been passed, as they study been done as to - since it has been passed, has a steady been done -- how many have been exile reverses the when you has been charged wh first second-degree murder? >> we spe in some detail before the session today. i do not know the answer. not to be dismissive of it. >> thank you for being here. was there a particular incident or issue that brought about the changes in flori in 2005 and georgia in 2007? or was it an issue that ended up coming up for no particular reason? >> i cannot speak to florida cases specifically. in georgia, there was a recognition that our statutes was vague with respect to what it meant to duty to retreat. there was a policy question. does one endanger themselves if they

defense cuts. when it comes to military spending, the u.s. spends more than the next ten biggest military spenders combined. sylvia hall, "n.b.r.," washington. >> tom: in the money file tonight: three ways to save money when choosing a financial advisor. here's manisha thakor, co-author of "on my own two feet: a modern girl's guide to personal finance." >> did you know that for each incremental 1% in fees you pay over a 20 year period, you will see your nest egg shrink by nearly 20%? what's an investor to do? understand the fees you are paying. if you are working with a financial advisor, make sure you understand these three things: "a": what you are paying the advisor for advice, "b": what the average management fee is on any investments recommended by the advisor, and "c": any trading or additional costs like custody that you will incur. personally, i'm a big believer in the value of financial advice, at the right price. to figure out that price, a rule of thumb i like is to aim for the all-in costs of working with an advisor to be less tha

>> speaking to the defense? >> no, we have made available to our contractors the department of labor's guidance on the warren act. >> the department of labor's issue earlier this week is the only guidance that has been put out. >> let me ask that again. have you or anyone else in your organization given any guidance to industry either verbal or written not to issue conditional boren act notices to employees before the election? >> no. >> no. >> thank you. >> director, you say you cannot estimate the reduction by program, project, and activity until congress enacts all fiscal year 13 appropriations. can you explain why the omb could not make certain reasonable assumptions to begin its analysis? for example, what could you not use the president's budget request as a baseline or the house passed appropriations? in the case of the department of defense, the difference between the house passed a preparation and the president's request is 1%. i think most analysts would like those odds, 99% certainty of what the fundi

department have enjoyed enormous profits over the last ten years the defense establishment itself. you know is part of it but it's really these defense contractors the industries are making a profit margin or have a profit margin of about thirty to thirty five percent at this point everyone knows the defense budget is going to be cut so this is a last desperate effort to secure as much cash as possible from the existing budget before everything tanks and remember you know thirty to thirty five percent profit margin is enormous if they're going to be driven back to about fifteen to twenty percent profit margins which is certainly much more reasonable given the work they do for the american people but that's next year and the year beyond that. i mean i guess let's talk specifically about the question itself we've heard the word devastating used by secretary of state leon panetta we've heard manufacturers come out and talk about the tens of thousands of jobs that will be lost talk about the real winners and losers in these defense cuts well first of all we know for instance with lockh

it's not just about defense.ean immediately half the cuts come out of school lunches and head start. >> as marg ret was reporting. >> that's right. and domestic spending as well. >> it is true that the ghost of john maynard keynes has come down and landed in the republican caucus. suddenly they believe in stimulus spending. the point republicans make which i do think is accurate and endemic to the obama administration she are asking him to offer a plan. and some is just a gimic to get him on record in smorted of some cuts. but in general i do think it's true if you are a president you do have to lead. you do have to have budget plans. and if you remember a couple years ago when obama let paul ryne go first, that was politically cagey, not presidential. i think in this case the white house is to be faulted for not at least showing the road map so some people have a sense of what is going to happen. >> woodruff: so the president does bear some of the responsibility. >> in defense of the president, he's not blameles

the defense will say we got more on defense cuts and the republicans will say we saved defense. >> it will depend on the election. if by some chance romney wins and the senate turns republican i don't think there'll be a deal. i think a sequester will happen and they'll have to fix it then later. if the status quo remains, there's no incentive for them to put off until next year what they can do now and you might get a deal at the last-minute and puts it off for a year. >> not entirely but a one year delay and try again on -- >> one important additional feature. and that's the potential cost of a punt. because of course congress likes to punt. but because you have the -- debt rating of the american nation, at stake here and the ratings agencies could downgrade us if we punt. the cost of punting could be actually greater than the cost of sequestration. >> that's a very important thing to bear in mind. the reason we were downgraded on the debt was not the size of the debt which could have been significantly larger. was for the first time the ratings agencies thought oh my god the united

think about missiles coming in from russia and how our missile defense and air defense system, norad, how all that works. missiles are going a lot slower speed. you have 30 minutes. we are talking a cup of coffee, when to shoot it down? not yet. let it come a little closer. ok, now. in cyber, you're talking about the speed of light. you're talking about knocking down something before it can impact wall street. we have to come up with a mechanism that gives us the standing rules of engagement and the authority to operate. i am not saying let's cyber command beat up on some countries that attacks us, tear them up and start something big. i'm talking defense of the nation. those are the kind of authorities we need. one of the considerations we have to put on the table is how do you make a more defensible infrastructure for our critical infrastructure. because all of our networks ride over commercial networks. in the power grid. so, you know, if all the lights go off and the networks go down, the defense department cannot communicate. transportation command cannot flow forces. we have a p

former prosecutor and criminal defense attorney joey jackson. the unfortunate thing is lost in the middle of all this is a victim. i got to tell you, i was in there and i sat there and i just said what is going on. jeff, you were in the courtroom. could you feel it? >> oh, absolutely. if you heard the word overruled it was a state's objection. sustained it was a defense okay correction and that went on day-after-day after day. >> and he has been described, the judge defeated by this d.a. he has been described as furious, the witness for the prosecutor and sister of the victim left the stand trembling after he berated her. i don't know what this guy is doing but joey when you have a judge sewing such amymous how fair is that to the victim? >> very unfair. there needs to be proprity in any proceeding. if you are going to have a witness testify by a bullet in the driveway and say it is a prior bad act and sense of intimidation. >> let me explain this to the viewers. a prosecution witness in response to a question about whether or not there was bad

when i was secretary of defense in the 70s, the defense authorization bill was 74 pages long.when i came back in the year 2001, if i'm not mistaken, the defense authorization bill was over 500 pages. c-span: what do you hear? >> guest: that was a missile system, you know, against conventional threats, and i think that sound bite is very much what i was talking about in terms of his focus. so when we look at the pop landscape, the bush era pop land scape and rumsfeld and cheney at all, most americans, they say it threw a lot of money at the problem; right? it's ironic that that is the guy that's lumped into that charge, and so, you know, i think it was wrestled out of his hands. whatever he wanted to do in terms of reform was rendered not mute, but just overcome by the events post-9/11, and you'll remember, he also had the really legendary argument with the regime about the forestructure required to take iraq, and he wanted to lowball it and did lowball it, and ultimately, it played out in ways that now the secretary was maybe proved the one who was right in that decision. c-sp

and domestic programs now the defense cuts have brought about a whole lot of people coming out to warn about the impending doom and gloom that could be brought about by talk about compromising the security of our country and the lives of our military but it turns out the exorbitant amount of military money is spent on a whole lot of other things not really being talked about so we want to tell you all about them here's something you might be shocked to learn the firm formerly known as blackwater now academy l.c. will be paying a seven point five million dollars fine that's. on top of its already forty two million dollars settlement reached regarding civil arms export violations they recently admitted to wrongdoing in connection to seventeen federal criminal charges so a cut of the company's profits then actually know the funds they'll use to pay off those fines will come from already existing contracts with the pentagon so it seems to be an act of accountability boils down to a continued revolving door between defense contractors and the government all as we continue to hear out terrib

it will need to score a lot of points to make up for what could be a very difficult season for the defense. before we get to football, to wildfires are burning in lake county. allen martin is in the news room with an update >> the y fire has forced nearly zero hundred families from their homes just east of clear lake. the walker fire started 8 mi. away along highway 20. it does not threaten any homes at this time. shopper 5 is live, more than 400 firefighters from departments all over the state and they're facing triple digit temperatures. >> we are standing alongside the road where the fire has believe to of started. we are told by firefighters that it is 112 degrees. let's take a look at video that was shot a little while ago. the 5,000 a. y fire is a large one that quickly moved to an area called spring valley. the fire began yesterday afternoon and the homes were ordered to be evacuated. today the fire has moved to the other side of highway 20 it is only 30 percent contained and so far three structures have burned. pallet fire has not been able to determine if those structures are home

we recognized that defense attorneys right to defense, a defense attorney is going to see stand your ground was going to be the basis for the defense claim. i would ask this audience on television and among us to focus on the important constitutional mandate that we as the legislature have taken very seriously. >> how many violators that have been killed as a result of stand your ground, versus ones that have been charged. >> we spoke in some detail before the session today. i do not know the answer. not to be dismissive of it. >> thank you for being here. was there a particular incident or issue that brought about the changes in florida in 2005 and georgia in 2007? or was it an issue that ended up coming up for no particular reason? >> i cannot speak to florida cases specifically. in georgia, there was a recognition that our statutes was vague with respect to what it meant to duty to retreat. there was a policy question. does one endanger themselves if they are aggressively challenged with a deadly or serious force? does getting someone out of the public view in this attempt to retr

the defense had issues. now you look at the second half, and i have somebody in mind. >> kevin: the blitz was on, crawford comes early. a run away freight train, and he disrupts that train. >> joe: richard crawford, you see him come off the right tide. gets pressure and puts mccown on the ground. >> kevin: the skins were down 30-0. and now they have time to score. 8:07 remains in the game, and they're down 30-24. podlesh to punt, and deep back is richard crawford. crawford, fair caught. well, join us for the redskins welcome home luncheon at the jw march yacht in washington dc. tickets are still available. for information visit redskins.com. 44-yard punt. i have enjoyed cousins tonight. >>. >> joe: i have too, and robert griffin iii has brought so much excitement to this team. now you can carry three quarter backs. you used to have to put one down, and now you can carry rex grossman, kirk cousins, and rg3. >> kevin: oath great catch by robinson. >> joe: and what a nice throw. you have to be able to pick your

new defense minister. this is just over 45 minutes. >> first of all, i wanted to indicate that, earlier today, i had a very good conversation with general al-sisi, which is the new general of defense in egypt. he is that highly experienced officer. general al-sisi expressed his unwavering commitment to the u.s.-egypt relationship, which has been an anchor of stability in the middle east for more than 30 years. and i in turn indicated to him that i look forward to working with him and to continuing the relationship with egypt that we have had over the years. he takes seriously the obligations under the camp david treaty. he is committed for making the sinai and mary for militants. i indicated that i look forward to working with him in the region. this morning, i also conducted a regular update. general dempsey and i both with the general allan. he continues to do an outstanding job as the commander of the assistance force. i will give you a brief update on afghanistan as well as a result of that conversatio

it our defense budget is bigger than the defense budget of the next 17 countries combined.i don't think that's sustainable. there are some big choices to be made here about what extent do we want to be the cops of the world. what is important to for us to keep the sea lains oil for everyone that depends on. do we want to be able to send people into libya or somalia or syria or when ever. there are big buck item theres. one of the -- i think the trouble with the defense budget. it's developed a set of facts and speech and concepts that outsiders can't understand. so in the book i tried to take one thing the defense department has to decide. how much aircraft carriers are enough? so congress in the wisdom has told the pentagon they have to have 11 aircraft carriers. they have a special permission to have 10 for awhile while building a new one. they want to replace each of the aircraft it has over one over every five years for the rest of my life. each -- these new aircraft carriers, which are huge, the navy calls them 4.5 acres of moble search territory. they cost $11 billion

active defense systems are one pillar of missile defense. they must be documented with passive defense attack operations to counter a threat from rogue nations. this integration of offense and defense as well as the overall ability to provide effective missile defenses is underpinned by our ability to properly received, process, and disseminate indications and warnings, so persistent intelligence capabilities are keys to be effective homeland and regional missile defense. as the adapted purchase are developed, we expand our efforts to better integrate allies into the architecture. we leverage training exercises and war games to increased dialogue a partnership with allies. our system can role in that is an unclassified war game that we conduct on behalf of the u.s. stratcom. we just recently concluded a campaign of experimentation that involved 14 participating nations, nato, and had 10 observer nations. the war came enables us to examine issues such as command and control , multinational offense-defense integration, and rules of engagement.

>> speaking to the defense? >> no, we have made available to our contractors the department of labor's guidance on the warren act. >> the department of labor's issue earlier this week is the only guidance that has been put out. >> let me ask that again. have you or anyone else in your organization given any guidance to industry either verbal or written not to issue conditional boren act notices to employees before the election? >> no. >> no. >> thank you. >> director, used estimated -- use it cannot estimate the reduction by program, project, and activity until congress enacts all fiscal year 13 appropriations. can you explain why the omb could not make certain reasonable assumptions to begin its analysis? for example, what could you not use the president's budget request as a baseline or the house passed appropriations? in the case of the department of defense, the difference between the house passed a preparation and the president's request is 1%. i think most analysts would like those odds, 99% certainty of w

it is about defense contractors. there is going to be this thing called sequestration where they're going to take some money away from the defense budget. why? they have to it. is part of the deal they struck in order to make sure the debt limit was increased. the tough decisions they had to make. well now the people who are on the defense contractors are in a rage cage. watch john mccain and kelly ayotte here, two senators on the republican side. >> we're going to places obviously that are most severely hit by these draconian cuts which, in the words of the secretary of defense would have a devastating impact on our national security. >> it means nearly a million jobs from the defense industrial base but as senator mccain has said, our secretary of defense has said we would be shooting ourselves in the head and hollowing out our force jeopardizing our national security. >> cenk: shooting ourselves in the head. what a ridiculous thing to say. the draconian cuts. oh, my god, we're going to lose a million jobs. the dir

same with defense. if they have already obligated money through the end of this year, then whatever is left -- >> the 8%-10% cut we cited on the defense side, that -- >> right. ok. so i guess i wanted some clarification and appreciate your indulgence. thank you for being here, and i yield back. >> thank you both for being here today. and i want to thank chairman keon for his leadership. i think it's been revealing the information the american people are receiving today, very important for the american people. it has direct impact on the citizens i represent. i'm very grateful i represent fort jackson, the initial army training facility. we are very proud of the marine corps and how they are treat there had. i now will be in the neighborhood of -- gordon and i in the medical center. so i've got wonderful people, military families and as chairman of the military personnel subcommittee, i'm very, very concerned about what i have heard today. particular, dr. carter, yesterday and in advance of this hearing,

what would this mean for the defense?nse has to play a role in being able to achieve fiscal responsibility. the thing that concerns me is the sequester which involves another $500 billion in defense cuts. >> these automatic cuts that i'm talking about? >> these automatic cuts that would take place which i think would be disaster in terms of our national defense. >> congressman van hollen, we have seen senators say, if we're not -- if the republicans don't come on board with a deal that's okay, those defense cuts will happen, doesn't that put the national security of the country at risk? >> well, what the president and pat murray have said, we should act right now to avoid it. look, during the negotiations designing that, the republicans were given an opportunity to avoid defense cuts by eliminating a lot of special interest tax cuts, they decided to protect special interest tax breaks. and put defense spending on the chopping block. at the end of the day, we hear a lot of talk about defense spending. but not a willingness

defense industry. j.w.f. industries stands on the site of an old bethlehem steel mill. where workers used to stoke furnaces and weld iron, the 400 employees cut, bend, weld, paint, and assemble high-tech radar systems, vehicle armor, and other equipment for the military and its contractors. c.e.o. bill polacek says it's a re-invention in jeopardy. >> our defense business is about 50% to 60%. if sequestration takes effect, we see that going down rapidly. problem with that is, when you cut 20% of a budget, the big companies will pull the work in, and they'll give less to small businesses. >> reporter: he says already, orders from big defense companies are down this year. he estimates that if congress doesn't avert the sequester, he'll ultimately lose up to 60% of his annual profits. and he'll have to lay off about 100 workers. >> we've done a very good job of diversifying our economy, and the biggest diversification is the defense industry. and anywhere from engineering jobs to manufacturing jobs. and you cut those jobs out of this area, you are going to have a lot of peo

a new defensive coordinator and this new defense, hines? >> hines: the ravens defense is mass confusion. overloading a bunch of guys to one side or blitzing the other or having seven interior guys standing up and walking and all they'll really want to do is create matchup problems. hopefully a lineman will miss a -- >> cris: speaking of freeney in the pregame, they allow you to get on one-on-one matchups with you in the running back and i'll take ni money on you all day over the running back. >> dan: that's what they said. these guys are so used to rushing for and played the cover two behind it so freeney and mathis, almost every play is player is getting doubled by a chipping over the back or a tight end being over them and what they're convincing them of is, occasionally you'll drop back into coverage but occasionally they'll mess up a protection and you're going to come off the edge and it's going to be a running back there to block you. and he said, typically, whenever i see a running back blocking me this is a fist fight. this is a scr

plus bradley manning's defense team is pleading his case in court today exposing the brutal treatment the alleged wiki leaks or was reportedly subjected to at the military's hands i'll bring you the latest developments. it's wednesday august twenty ninth five pm here in washington d.c. i'm liz wahl and you're watching our t.v. . well it is day three at the republican national convention day two of actual convention activities in speeches and to say things haven't exactly gone according to plan would be an understatement hurricane isaac of course the main distraction from the r n c being the top story in the news cycles but yesterday brought us chaos and protests on the floor of the convention but not by on really protesters but by delegates themselves mitt romney now the official republican nominee for president but yesterday's boos both from ron paul supporters and from those opposing new rules put in place by the republican national committee illustrate that full support behind their candidate is not easy to come by our white house correspondent christine freeze out joined us just m

he can play a really good defense and he has thus far delivered beautifully defensively. on a team so bad defensively he adds but he makes routine plays and wants to -- [unintelligible] not bad for a shortstop playing third base. >> i'm trying to think about it and try to play the game. i can do what i can do. i am -- i would like that next play. we will just keep playing the game right. >> playing third once again. >> the weather forecast is critical for all the sports events. the seven-day forecast after this. >> the harford county man accused of killing and cannibalizing his victim has been declared incompetent to stand trial. months after the university medical center performed a full face transplant, another group will be performing a medical miracle. those stories and more >> a comfortable day today. hotter and more humid tomorrow. triggering thunderstorms in the afternoon and evening hours. a protest during the afternoon and moving out as the ribbons kick things off in downtown baltimore. from 8:00 p.m. to midnight, the storms move on to the eastern shore but leadi

thanks for joining us for "this week in defense news." week in defense news."'ll be back next week at the k. no way out. my usualt ransport was nowhere to be found. i knew, then and there, that i needed wheels asap. thats alpha, sierra, alpha...pickle. ahem! sis here's in the military, so i can join navy federal too. he's getting a great rate - so now he can drive himself to laser tag. it's a real sport. no, its not. 4 million members. 4 million stories. navy federal credit union.

>>> welcome to "this week in defense news." i'm vago muradian. with defense spending dropping and the threat of sequestration looming, we will talk to one analyst who says that the pentagon could save big money by getting rid of outmoded regulations. plus, a top lockheed martin executive on the future of long- running programs like the f16 fighter and the c130 transport. but first, counterfeit parts making their way into the global supply chain is a worldwide program in virtually every industrial sector, from automobiles to commercial aerospace, and from health care to handbags. that these fake components end up in weapons used by american war fight ares and their international allies is causing a headache for the defense department and its contractors. how big is the problem and what is the pentagon doing to solve it? here to tell us are gerald brown, head of the anticounterfeit working group at the pentagon, and christine met the technical and >>> thanks very much for joining us today. i want to start off with finding out exactly how big a prob

our defense budget is bigger than the defense budget of the next 17 countries combined. i don't think that is sustainable. there are some big choices to be made as to what extent we want to be the cops of the world and to what extent is it important to keep the sea lanes open for oil shipments for everybody who depends on oil from the middle east. to what extent we want to send the blood drop of a hat to libya or somalia or syria or wherever. there are some items there. the trouble with the defense budget is like covering the federal reserve. a set of facts and concepts that outsiders can understand. in the book i try to take just one thing the defense department inside. how many aircraft carriers are enough? congress in its infinite wisdom told the pentagon they have to have 11 aircraft carriers. they have special permission to have 10 for a while. and each aircraft carrier over one aircraft carrier every five years for the rest of my life. these aircraft carriers which are enormous, 4 acres of mobile sovereign territory cost $11 billion. eleven billion dollars is the s

and help provide for the common defense and there's this interoperability issue in the defense world that has been shown to be critically important. what i'm finding is there's actually more and more interest in u.s. technologyings right now than i think ever before. >> tom thank you very much. >> you're welcome. thank you. thank you. >>> coming up my notebook. k, a. no way out. my usualt ransport was nowhere to be found. i knew, then and there, that i needed wheels asap. thats alpha, sierra, alpha...pickle. ahem! sis here's in the military, so i can join navy federal too. he's getting a great rate - so now he can drive himself to laser tag. it's a real sport. no, its not. 4 million members. 4 million stories. navy federal credit union. >>> since becoming chief of naval operations admiral john greenert row focused by putting war fighting first, operating forward and always being ready. with america's asia pivot the navy will be more prominent and must sharpen the skills and readiness. perhaps with a ferocity unseen since world war ii. the navy was bloodied early in that war. some int