Budget cuts already proposed by President Obama and those that could take effect if the “supercommittee” in Congress fails to agree on $1.5 trillion in deficit reduction could cut the defense budget more than $1 trillion over the next 10 years, devastating U.S. military capabilities. The Congress, as currently configured, is unlikely to allow such deep cuts in defense; but that doesn’t mean they eventually won’t happen. Despite our debt, America still has vast resources, but there’s growing disagreement on what we should spend them on, what threatens us, and the missions the U.S. armed forces should undertake, with one side of the argument wanting to cut America down to size. (More)
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