Panetta on Pentagon Budget: 'Cutting Almost $500 Billion...

Aired: 1/5/2012 | 0:12:34 | Clip
In an interview Thursday after his news conference at the Pentagon, Defense Secretary Leon Panetta told Jeffrey Brown that the United States seeks to be a power in the Pacific and that defense budget cuts announced Thursday will be hard on the military and families, but he hopes a smaller, more flexible armed forces will emerge.