Defense Budget Could Take $1 Trillion Hit

Wednesday, August 03, 2011

The debt deal President Obama signed into law yesterday may bring about the end of years of huge Pentagon budgets. The Pentagon will need to slash $350 billion from the defense budget over the next decade, and that number could potentially increase to $600 billion. If the joint bipartisan committee created under the debt plan fails to reach an agreement on future spending cuts, a "trigger" mechanism will force across-the-board cuts of $1.2 trillion over the next decade. While supporters say this is these cuts are overdue, critics and defense hawks argue they will undermine national security.

Col. Paul Hughes, a retired U.S. Army colonel and director of special initiatives at the U.S. Institute for Peace, talks about trimming the fat at the Pentagon.


Paul Hughes

Produced by:

David J Fazekas

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