Drastic Cuts Could Reshape US Military

Monday, November 07, 2011

Secretary of Defense Leon Panetta testifies before the House Committee on Armed Services. (Brendan Hoffman/Getty)

Secretary of Defense Leon Panetta is considering drastic cuts in military spending, including slashing retirement benefits and a round of base closings. Panetta has been ordered to cut more than $450 billion of the Pentagon budget over the next decade and has been under intense political pressure to make the cuts. The yearly defense budget has doubled since the 9/11 attacks. Panetta said it is possible to reshape the military in order to reduce the budget while still defending national interests.

Elisabeth Bumiller, Pentagon correspondent for The New York Times, and Larry Korb, senior fellow at the Center for American Progress and former assistant secretary of defense in the Reagan Administration, analyze what these cuts will mean for the Defense Department.


Elisabeth Bumiller and Larry Korb

Produced by:

Joseph Capriglione

Comments [1]

Kimberly Settle from Oklahoma City

I know these spending cuts are needed in different areas. I just skimmed through the article and listened on the radio.
I hope they are trying to be careful as well as helpful with those still on disability, active duty, unemployed, or retirement. I know they are also trying to help veterans coming home from serving or the ones already here find jobs and keep it.

Nov. 07 2011 11:38 AM

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