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Defense consultant: "You will definitely need some sort of new threat in order for" Pentagon budget [View all]
If the sequester goes into effect on January 1st, we will see over time a $500 billion reduction in security spending (which includes the Pentagon and State Department).
Defense lobbyists are increasingly worried about these cuts. In Politico this morning, one defense consultant said that wed need you will definitely need some sort of new threat in order for the downward trend in defense spending to stop.
But Americans should not fear a significant reduction in military spending. Remember that Pentagon spending is the largest portion of discretionary spending, and that the United States spends more on its military than the rest of the world combined.
Read more: http://boldprogressives.org/bipartisan-military-experts-actually-want-twice-the-level-of-defense-cuts-that-are-in-the-sequester/
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