Monday, April 18, 2011

Obama's $400B Cut Plays It Safe - Defense News

Obama's $400B Cut Plays It Safe - Defense News: "When U.S. President Barack Obama ordered a $400 billion cut to defense spending, he picked a number that was defensible and yet relatively easy to reach.

Meeting that goal will require just a small real drop in planned spending over a decade, according to the White House, or simply keeping growth flat, one analyst found.

It won't require a strategic overhaul, although the president also ordered a review of military missions and capabilities in his April 13 speech.

But the $400 billion may ultimately be just a down payment in the effort to reduce the national debt. Deficit-reduction panels have previously recommended cuts of up to $1 trillion. If those kinds of cuts are imposed, the Pentagon will be forced to make tougher choices.

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