The debt limit deal that tasked a new “Super Committee” with finding major savings is about to hit its first important deadline, with the committee required to report a proposal by next week. The chance of the committee agreeing to a plan that produces the requisite $1.2 trillion in savings is becoming increasingly slim, which will lead to an across-the-board cut to federal spending.
On this Veteran's Day, 2011, our thoughts should turn once again toward our military, who find themselves busier than they have been in recent memory. Despite the tempo of current operations, our president appears determined to govern a peacetime force by way of withdrawal and drawback.
Cuts in military spending already have the support of most Democrats, but a rising number of deficit hawks in the Republican Party are willing to trim Department of Defense (DoD) spending as well.