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Rep. Mac Thornberrry, R-Texas, warned Monday that substantive programs could still be cut under the recent budget deal.

Despite the fact that the Defense Department would receive $5 billion less than the president's request for fiscal 2016, observers said the Pentagon did well in the deal because funding levels would be set well above sequestration caps. But Thornberry tamped down that enthusiasm.

"There will be real programs that are cut, that's what we're kind of finalizing today with the Senate," Thornberry told reporters following his remarks at the Defense One Summit. "We're definitely looking at them all and trying to do the least damage, but nobody should be under the illusions that you can do this [without pain.]"

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