GOP senator outlines $68 billion in defense cuts

Soldiers from Schofield's 25h Infantry marched in the parade on Veterans Day. Defense spending could be slashed by $68 billion over 10 years if the military stopped spending millions on running grocery stores, operating its own schools and even developing a roll-up version of beef jerky, insists one of the Senate's leading fiscal conservatives. In a new report, Republican Sen. Tom Coburn dubs the Pentagon the "Department of Everything."