Peter Spiegel, The Wall Street Journal
ObamaThe White House is scrapping a Bush-era plan for an Eastern European missile-defense shield, saying a redesigned defensive system would be cheaper, quicker and more effective against the threat from Iranian missiles.
"After an extensive process, I have approved the unanimous recommendations of my secretary of defense and my joint chiefs of staff to strengthen America's defenses against ballistic-missile attack," President Barack Obama said in an announcement Thursday morning.
* George Perkovich: Obama Made the Right Move
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