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TheWraith

(24,331 posts)

2. Good link.

Reply to dipsydoodle (Reply #1)

Thu Jan 26, 2012, 12:42 PM

Jan 2012

The new military strategy includes $487 billion in cuts over the next decade. An additional $500 billion in cuts could be coming if Congress follows through on plans for deeper reductions. The announcement comes weeks after the U.S. officially ended the Iraq War and after a decade of increased defense spending in the aftermath of the Sept. 11, 2001, attacks on the United States.

Nothing specific in that article, but the CNN report mentioned retooling the military to place emphasis on small operations, like the Bin Laden mission, instead of large scale war-fighting capability.

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CNN: Panetta to announce $500 billion in defense cuts later today [View all] TheWraith Jan 2012 OP

Link here for the time being dipsydoodle Jan 2012 #1

Good link. TheWraith Jan 2012 #2

When you double military spending in 10 years and then cut it by 5% think Jan 2012 #3

These cuts are more like 20% TheWraith Jan 2012 #4

How much did we spend in 2000? How much will spend in 2012? /nt think Jan 2012 #5

Surely Panetta realizes it will be exceedingly difficult to exert global hegemony unless indepat Jan 2012 #6

That will cover all the money that was going to Iraq for the war. Military won't feel it. mfcorey1 Jan 2012 #7

This is apart from money no longer being spent in Iraq. nt TheWraith Jan 2012 #8

“the growth in the defense budget will slow, but the fact of the matter is this: It will still grow. think Jan 2012 #9

Over what period of time? SomethingFishy Jan 2012 #10

$500 Billion over 10 years = $50 billion per year. DontTreadOnMe Jan 2012 #11

Thanks... SomethingFishy Jan 2012 #12

Couch-cushion money for the DoD. nt Bigmack Jan 2012 #13

No, it's not. It's a 10% budget cut. TheWraith Jan 2012 #18

Yep, They are gonna try to save money .... lldu Jan 2012 #14

Um, still waiting for that "peace dividend". $500 billion in 10 years is insignificant. nt Romulox Jan 2012 #15

Uh-huh. Tierra_y_Libertad Jan 2012 #16

How about a cut in the Pentagon bullshit, Leon? (nt) (nr) T S Justly Jan 2012 #17

K & R Scurrilous Jan 2012 #19