Panetta’s Mission: Can He Cut the Pentagon?

On Thursday, President Obama is expected to name Leon Panetta to take the top post at the Pentagon in July.

Currently CIA director, Panetta has a long track record working on the federal budget in Congress and the White House. In an age of budget cuts, it is hard to think of a person who has brought a better background to the job of running the giant Defense Department.

The above excerpt was originally published in CNNMoney.