http://www.nytimes.com/2004/12/30/politics...artner=homepage
Looks like the US military, along with every federal department, has been asked to find billions in space to alleviate the crushing burden of the US deficit. Seems a little awkward to me to be cutting $60 billion from the Armed Forces over the next 6 years, especially when it appears as though the US is committed militarily in Iraq for a good chunk of that time, if not all of it.
Is this the US restructuring the way it spends money on war, away from R and D and more on actual fighting (armour for vehicles)? Does it seem right that a US military that is already fairly strained for resources should be searching for budget short-cuts?
I'm a little confused about these cuts, as I thought the US just went through massive personal and corporate tax cuts, and appeared to have no problem spending money hand over fist. Fiscal responsibility seems a little late at this point in the game, but I'm sure its probably necessary to keep our neighbours to the South in good credit standing.