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Coalition of manufacturers lobbies 'supercommittee' to spare military spending
WASHINGTON (AP) ' A coalition of manufacturers is lobbying a special deficit-reduction committee to spare the military from deeper cuts, arguing that defense has been "cut to the bone."
The Aerospace Industries Association and top executives from companies such as Boeing and Pratt & Whitney told a news conference reductions beyond the $350 billion planned in this summer's debt accord would put hundreds of thousands of jobs at risk.
They said they met with Republican Sen. Pat Toomey of Pennsylvania and Democratic Rep. Jim Clyburn of South Carolina, two members of the deficit "supercommittee". They said they would press other panelists also working for at least $1.5 trillion in spending cuts.
Defense spending has nearly doubled since the Sept. 11 terror attacks. That doesn't include more than $1 trillion spent on two wars.