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I am far from an expert on this, but the announced cuts caused me to go do some reading.
Did Obama not promise to cut spending on the military prior to getting elected? If so, does he get points for actually doing something he said he was going to do?
Does this 10% cut reduce spending to something that is still above 2007 levels (not counting two wars, which get supplemental funding)?
At a time when the one thing that is clear is that spending is exceeding revenues, creating huge debt, even before we consider the impact of the various stimulus packages, doesn't all spending have to be cut? Isn't military spending one of the larger items in the current spend, and therefore one of the obvious places to look?
I don't know if these cuts are more about homeland defence, or weapons development, but it will be interesting to watch as it plays out. I am just not sure how this is a breakdown of power.
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2007 X3 3.0si, 6 MT, Premium, White
Retired:
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