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Republicans accuse Obama of failure over defense cuts

By REUTERS

JULY 26, 2012 06:28

WASHINGTON - US Republican lawmakers worried about a looming $500 billion cut in the Pentagon budget accused President Barack Obama of a failure of leadership on Wednesday for doing little to avoid reductions his own defense secretary has said would devastate the military.

They urged Obama to bring the two political parties together to find alternatives to the defense cuts, offering the prospect of some revenue increases in addition to budget cuts, but still resisting the kinds of tax increases sought by Democrats.

"There is no substitute for presidential leadership," Republican Senator Lindsey Graham, a member of the Senate Armed Services Committee, told a Capitol Hill event organized by two conservative think tanks to draw public attention to the issue.

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