Wear and tear on Army and Marine Corps equipment may lead to equipment shortages in the near future.USA Today reports as much as $2 billion worth of equipment is wearing out or being destroyed every month in Iraq and Afghanistan. That's about a quarter of the $8 billion a month spent on the wars.
The newspaper quotes Leon Panetta -- former Clinton advisor now serving on the bi-partisan Iraq Study Group -- as saying the military needs $50-to-$60 billion just to re-equip and restore units returning from Iraq. (USAToday)
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