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U.S. Faces Tough Choices on Defense Budget

Ten years after the United States embarked on a war against terrorism in the rubble of the September 11 attacks, the country finds itself financially exhausted and facing hard strategic choices as it grapples with new budget realities. After spending heavily for a decade on the wars in Iraq and Afghanistan, the Pentagon now faces potential cuts of up to nearly $1 trillion over 10 years at a time when it sees rising competition from countries like China and a need to replace its fleet of aging planes and ships.

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A Missed Decade at Pentagon

U.S. military procurement coffers were flush with cash in the post-9/11 decade, but the Pentagon missed an opportunity to replace the hardware still being used in the wars spawned by that infamous day.

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Senate Panel Cuts $26 Billion From Fiscal 2012 Defense Bill

The Senate’s spending committee today reduced by $26 billion the pending fiscal 2012 defense budget -- the first installment of as much as $400 billion in cuts the Pentagon faces through 2024. The Senate Appropriations Committee applied the reduction to a fiscal 2012 base defense budget of $539 billion that’s controlled by its defense panel.

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Bloomberg Government Insider: The Next Battle

Ten years after the Sept. 11, 2001, terrorist attacks, the Pentagon confronts a new enemy that will require it to embrace an unfamiliar strategy: spending less money.Buckling beneath $14.3 trillion in IOUs, the U.S. now is pivoting from the whatever-it-takes philosophy employed against Osama bin Laden to a whatever-we-can-afford defense posture.

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Defense Cuts And The ‘Achilles Heel’ Of U.S. Power

the “Achilles heel” of the U.S. strategic posture is its dependence on forward bases. Deny access to those bases and you roll back American power. The observation was included in a paper by Andrew Krepinevich of the Center for Strategic and Budgetary Assessments, a defense-oriented think tank.