New Mexico Gov. Bill Richardson is set to deliver a major address on Iraq at Georgetown University.
WASHINGTON (CNN) – New Mexico Gov. Bill Richardson will deliver what his presidential campaign is billing as a major speech on "Iraq and defense modernization" Thursday at Georgetown University.
Richardson will unveil a proposal "aimed at modernizing the American military to more effectively deal with the changing global threats we face," according to a campaign aide. The Democratic governor will specifically call for "$57 billion in spending cuts and reprogramming to the defense budget."
Richardson will also emphasize his plan to withdraw all troops from Iraq.
– CNN’s Candy Crowley and Lauren Kornreich