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FBN's Payne invokes "Pirate Problem" to repeat Obama defense cut falsehood

April 14, 2009 2:37 pm ET

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SUMMARY: Fox Business' Charles Payne asked whether the "piracy situation" and other recent foreign policy events will make President Obama reconsider "cutting the [military] budget," and on-screen text read: "Pirate Problem: Will President Obama Rethink Military Cuts?" In fact, the Obama administration has proposed increasing defense spending by billions of dollars.

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