Rick Bernard News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Welcome to this week in defense news, im vago muradian. For the first time in two years, the pentagon should get real budgets of 500 billion a year instead of funded through continuing resolutions. It is also going to get 30 billion in sequester relief. And cut the cost of living adjustments by 1 for working age military retirees, in part to do so. D. O. D. However still faces 70 billion in automatic spending cuts over the next two years. And more cuts are likely as lawmakers work toward a broader deal to cut americas 13 trillion debt. Meanwhile talks with iran with the nuclear program, to giv...

the grocery store. and some economists say the nation's middle class is feeling that strain as never before. nbc bay area's monte francis is in san francisco with that story for us. monte? >> reporter: well, diane, good evening. many americans canceled their plans for spring break. and now they're rethinking their summer vacations. here is part of the reason why. the soaring price of gas you can see here. it is $4.49 a gallon. for those who identify themselves as middle class, this is just part of a new reality. nancy and her husband are among the estimated 45% of americans who ident...