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Detailed text transcripts for TV channel - FOXNEWS - 20110805:08:16:00

reporter: the pentagon budget has nearly doubled since 9/11. the department will spend $721 billion in fiscal year 2011. $6,110 for every u.s. household and employs 2.3 million people. a recent report from the special inspector general for iraq gave examples of how the defense department still overpays for things civilian can purchase in a hardware store for a fraction of the cost. the military paid contractors $900 for control switch valued at $7.05. $700 for plumbing equipment valued at $1.41. $4,500 for circuit breaker valued at $183.30. the pentagon argues it s already started making cuts in the pending fiscal year 2011 budget proposal it ends the c-17 plane production and stops pursuit of a second engine for the joint strike ....

The Pentagon Budget , 721 Billion , 21 Billion , 9 11 , Hardware Store , Inspector General , Defense Department Still Overpays , 2 3 Million , Plumbing Equipment , Circuit Breaker , 183 30 , 17 05 , 11 41 , 183 30 , The Pentagon , Making Cuts , Strike Fighter , Plane Production , Budget Proposal ,

Detailed text transcripts for TV channel - FOXNEWS - 20110804:22:16:00

reporter: the pentagon budget has nearly doubled since 9/11. the department will spend $721 billion in fiscal year 2011. $6,110 for every u.s. household and employs 2.3 million people. a recent report from the special inspector general for iraq gave examples of how the defense department still overpays for things civilian can purchase in a hardware store for a fraction of the cost. the military paid contractors $900 for control switch valued at $7.05. $700 for plumbing equipment valued at $1.41. $4,500 for circuit breaker valued at $183.30. the pentagon argues it s already started making cuts in the pending fiscal year 2011 budget proposal it ends the c-17 plane production and stops pursuit of a second engine for the joint strike ....

The Pentagon Budget , 9 11 , 21 Billion , 721 Billion , Hardware Store , Inspector General , Defense Department Still Overpays , 2 3 Million , Plumbing Equipment , Circuit Breaker , 11 41 , 183 30 , 183 30 , 17 05 , The Pentagon , Making Cuts , Strike Fighter , Plane Production , Budget Proposal ,