Defense Spending, Military Needs and the Federal Deficit

Defense Secretary Robert Gates has advised President Obama to veto spending for projects the Pentagon doesn't want. But Gate's own proposals mean the Defense Budget might not decline after all. Are tough questions about the growing deficit going unanswered? Also, South Korea seeks UN Action against Pyongyang, and CEO Mark Zuckerman promises users of Facebook more control over how their information is shared.

Banner image: Secretary of Defense Robert Gates (L) and Chairman of the Joint Chiefs of Staff Mike Mullen (R) arrive for a briefing with reporters at the Pentagon May 20, 2010 in Arlington, Virginia. Gates outlined his plan to find billions of dollars in cuts to the Pentagon's annual overhead budget. Photo: Win McNamee/Getty Images