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Fiscal crisis, budget battle mark Panetta's tenure

 Leon E. Panetta briefs reporters after meeting with NATO defense ministers and representatives from non-NATO nations, Oct. 6, 2011. (Department of Defense)
Leon E. Panetta briefs reporters after meeting with NATO defense ministers and representatives from non-NATO nations, Oct. 6, 2011. (Department of Defense)
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Updated: 1/20 12:13 am
WASHINGTON (AP) - As Defense Secretary Leon Panetta's plane returned home from his final official overseas trip, his staff gathered to salute his time as Pentagon chief.

And they presented him with a symbol of his tenure months at the helm of the world's largest military: a plastic meat ax.

Panetta may go down in history as the CIA director who got Osama bin Laden.

But his 19 months as defense secretary came at a critical moment - dominated by the nation's fiscal crisis and an endless struggle to protect the defense budget from billions in automatic spending cuts he repeatedly compared to a meat ax.

For President Barack Obama, Panetta's experience as a congressman and as budget director in the Clinton administration made him the perfect choice to take on Capitol Hill.
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