What Is The U.S. Deficit Panel Proposing For The U.S. Defense Budget

U.S. Deficit Panel Proposes Steep Military Cuts -- Defense News

Promising to "cut spending we simply can't afford, wherever we find it," the co-chairmen of a U.S. presidential commission propose to:

■ Reduce military weapon buying by 15 percent.

■ Cut spending on weapon research by 10 percent.

■ Close a third of U.S. military bases overseas.

■ Freeze military pay.

A 15 percent cut in current $107 billion procurement spending would be about $16 billion. And a 10 percent cut in the current $79 billion research budget would be $7.9 billion.

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More News On What The U.S. Deficit Panel is Proposing For The U.S. Military

Deficit panel leaders want to use Gates' $100B savings plan to reduce deficit -- The Hill
The Pentagon Would Take $100 Billion Hit -- Wall Street Journal
Presidential panel calls for freezing military pay, housing allowances -- Stars And Stripes
Prez Panel Wants $100B DoD Cut; Freeze Pay, Kill F-35B, EFV -- DoD Buzz
Defense And Space Cuts Fill Deficit Reduction -- Aviation Week
Lockheed F-35 Fighter in Deficit Panel's Sights -- ABC news
Lockheed F-35 fighter in US deficit panel's sights -- Reuters
White House Commission: Kill The F-35B -- Ares/Aviation Week
Deficit Plan Scraps Pentagon Jets, Tanks, Trucks -- The Danger Room
U.S. Deficit Commission: Cancel F-35 Marine Corps Version and Several Other Weapons -- Defpro
Deficit Reduction Panel Report -- Information Dissemination
Panel calls for 3-year freeze on military pay -- Army Times
DoD 2012 budget to exceed target savings -- Federal News Radio
Experts Predict $20 Billion in Additional Cuts as DoD Costs Rise -- Executive Government
Deficit Panel's Leaders Push Cuts -- Wall Street Journal
The $100-Billion Challenge -- C.W. Getz, American Thinker