SUMMARY
This is AI generated summarization, which may have errors. For context, always refer to the full article.
The US says it plans to reposition the majority of its naval fleet to the Asia-Pacific, according to US Defense Secretary Leon Panetta. The US government is scrambling to understand the impact of an initiative supported by Republican leaders to cut 8% of the Pentagon’s budget by January 2. At least $500 billion will be cut over a decade.
Read more on US domestic impact on the New York Times and Asian impact on Rappler.
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