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8A Daily News – Friday, January 27, 2012 WORLD BRIEFING Army, Marines will shrink but not nuclear force WASHINGTON (AP) — The Pentagon outlined a plan Thursday for slowing the growth of military spending, including cutting the size of the Army and Marine Corps, retiring older planes and trimming war costs. It drew quick criti- cism from Republicans, sig- naling the difficulty of scal- ing back defense budgets in an election year. The changes Defense Secretary Leon Panetta described at a news confer- ence are numerous but hard- ly dramatic. They aim to save money by delaying some big-ticket weapons like a next-generation nuclear-armed submarine, but the basic shape and structure of the military remains the same. The Army would shrink from a peak of 570,000 to 490,000 within five years, and the Marines would drop by 20,000, to 182,000. Those are considerable declines, but both services will still be slightly larger than on 9/11, before they began a decade of war. Both will keep their footholds abroad, although the Army will decrease its presence in YEARBOOK This would probably be it: If Red Bluff had a A Daily News Publication City Parks and Services Lassen Volcanic National Park North State's Wine Country Red Bluff Round-Up Victorian Charm Egypt bans travel for senior US official's son CAIRO (AP) — Egypt banned at least 10 Ameri- cans and Europeans from leaving the country, includ- ing the son of U.S. Trans- portation Secretary Ray Lahood, hiking tensions with Washington over a campaign by Egypt's mili- tary against groups promot- ing democracy and human rights. The United States warned Thursday that the campaign raised concerns about Egypt's transition to democracy and could jeop- ardize American aid that Egypt's battered economy needs badly after a year of unrest. The travel ban was part of an Egyptian criminal investigation into foreign- funded democracy organi- zations after soldiers raided the offices of 10 such groups last month, includ- ing those of two American groups. Red Bluff 2012 Europe and the Marines plan to increase theirs in Asia. Panetta said the adminis- tration will ask Congress for $525 billion to run the Pen- tagon in 2013 — $6 billion less than the current budget. War costs, which are not considered part of the base budget, would decline from $115 billion to $88 billion, reflecting the completion of the U.S. withdrawal from Iraq. Advertising Space Reservation Deadline: Tuesday, February 7 at 5 PM City and County Information Recreation Guide Local places of interest City Map & Street Guide Schools Directory Church Guide Public Services Calendar of Events …and more! Glossy stock Magazine Format 10,000 distribution 7,000 as a special insert to the 3000 print for distribution to visitors, new and prospective residents through Chambers of Commerce, hotels and Information Centers D NEWSAILY RED BLUFF TEHAMACOUNTY 24/7 presence online version on www.redbluffdailynews.com for a full year, with links provided to Chamber of Commerce, RB City and County websites. Businesses: Make sure YOU are part of it! Advertising Representative Today! 527-2151 Call your Daily News Local The base budget would then increase in each year of the Pentagon's five-year plan, reaching $567 billion in 2017. A year ago the Pen- tagon had projected 2017 spending to reach $622 bil- lion. The Pentagon counts those reductions in project- ed future spending as ''defense savings.'' A Daily News Publication Somalis move hostage three times MOGADISHU, Soma- lia (AP) — Pirates moved an American hostage at least three times in 24 hours and threatened Thursday to kill him after U.S. Navy SEALs res- cued an American and a Dane in a bold, dark-of- night raid that raises ques- tions about whether other Western captives are now in greater danger. ''If they try again, we will all die together,'' warned Hassan Abdi, a Somali pirate connected to the gang holding the American, who was kid- napped Saturday in north- ern Somalia. ''It's difficult to hold U.S. hostages, because it's a game of chance: die or get huge money. But we shall stick with our plans and will never release him until we get a ransom,'' Abdi said. U.S. Navy SEALs parachuted into Somalia early Wednesday and hiked to where captors were holding 32-year-old American Jessica Buchanan and Poul Hagen Thisted, a 60-year- old Dane. A shootout ensued and nine captors were killed. Buchanan, Thisted and the U.S. troops were all unharmed. The two aid workers had been kidnapped by gun- men in October while working on demining pro- jects for the Danish Refugee Council. Buchanan and Thisted were flown to the U.S. Naval Air Base at Sigonella on the Italian island of Sicily to undergo medical screenings and other evaluations before heading home, a U.S. defense official said. Buchanan's family was meeting her at the base, which is the hub of U.S. Navy air operations in the Mediterranean. Why wealthy investors pay FUNK HEATING, AIR CONDITIONING & SHEET METAL 30 YEARS EXPERIENCE Air Conditioning—Heating—Sheet Metal—Heat Pumps 527-5828 13111 BAKER ROAD Cal. Lic. #233456 lower taxes WASHINGTON (AP) — Why do Mitt Romney and other wealthy investors pay lower taxes on the income they make from investments than they would if they earned their millions from wages? Because Congress, through the tax code, has long treat- ed investment more favor- ably than labor, seeing it as an engine for economic growth that benefits every- one. President Barack Obama and the Occupy Wall Street movement are challenging that value system, raising volatile election-year issues of equity, fairness — and Romney's tax returns. Romney, who released his 2010 and 2011 tax returns this week, has been forced to defend the fact that he paid a tax rate of about 15 percent on an annual income of $21 mil- lion. His tax rate is compa- rable to the one paid by most middle-income fami- lies. His income, however, is 420 times higher than the typical U.S. house- hold. The Republican presi- dential candidate's taxes were so low because the vast majority of his income came from investments. The U.S. has long had a progressive income tax, in which people who make more money pay taxes at a higher rate than those who make less. But for almost as long, the U.S. has taxed capital gains — the profit from selling an investment — at a lower rate than wages. ''There are two ways to look at: There is a moral argument and an economic growth argument, and they both point to lower taxes on capital gains,'' said William McBride, an economist at the conservative Tax Foun- dation. Georgia Seeliger's COMPLETE AUTO REPAIR All makes and models. We perform dealer recommened 30K, 60K, 90K SERVICES AT LOWER PRICES Smog Check starting at $ (most cars and pick-ups) 2595 + cert. Pass or FREE retest 527-9841 • 195 S. Main St. Needle Arts Estate Sale & Swap Meet Feb. 4TH Canned Food Donation 623 Main Street Admission: Vendors welcome 529-3298 Plus Park on Pine St. "I am excited about D NEWSAILY RED BLUFF TEHAMACOUNTY new online rodeo page online at www.redbluffdailynews.com/rodeo, because it has news and results. Now I don't have to wait till the ProRodeo Sports News arrives. I like it!" Jean Barton, Tehama County Cattlewoman • 8 to 4 PM The investigation is closely intertwined with Egypt's political turmoil since the fall of Hosni Mubarak nearly a year ago. The generals who took power have accused ''for- eign hands'' of being behind protests against their rule and they frequently depict the protesters them- selves as receiving foreign funds in a plot to destabilize the country. Bin Laden raid commander to push for expanded US special ops WASHINGTON (AP) — As traditional military operations are cut back, the Pentagon is moving to expand the worldwide reach of the U.S. Special Opera- tions Command to strike back wherever threats arise. U.S. officials say the Pentagon and the White House have embraced a proposal by special opera- tions chief Adm. Bill McRaven to push troops that are withdrawing from war zones to reinforce spe- cial operations units in areas somewhat neglected during the decade-long focus on al- Qaida. Defense Secretary Leon Panetta shared few details in the new Pentagon budget he outlined Thursday. Rodeo & Rural Local Rodeo/Rural Lifestyle News Voices from the Ag Community National Rodeo/Rural Lifestyle News Rodeo/Ag Lifestyle Videos