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After more than a decade with the U.S. at war, the question around Washington is not whether the Defense Department’s budget will come down, but by how much. The Department of Defense officially released its base budget yesterday, which came in at slightly less than $500 billion, alongside a new Quadrennial Defense Review. Previewing the budget last week, Defense Secretary Chuck Hagel said the new budget is the first “to fully reflect the transition DOD is making for after 13 years of war—the longest conflict in our nation’s history.” The White House and the Pentagon face a tough balancing act, […]