Detailed text transcripts for TV channel - CNN - 20100809:18:37:00
Rather, significantly to reduce its excess overhead costs and apply the savings to force structure and modernization. toward this end, starting in june, we embark and a four-track approach to move america's defense institutions toward more efficient, effective and cost-conscious way of doing business. first and most significantly, earlier this year the military services were assigned the task of finding more than $100 billion in overhead savings over the next five years. unlike budget-cutting efforts of the past, the services will be able to keep the savings they generate, to reinvest in highe...