Sequestration Will Cause Irreparable Harm To National Defense -- U.S. News And World Report
Federal spending must be reduced alongside America's growing debt. How and where to cut should be the focus of an honest, national conversation. It should begin by discussing the federal agency that has borne the disproportionate share of all cuts: the U.S. military (which comprises just 19 percent of the budget and dropping). Next up, note that a full two thirds of the entire federal budget is devoted to Big 3 entitlement spending. This spending is on autopilot every year and was untouched in the latest debt ceiling despite the fact that even eliminating the defense budget in its entirety would not relieve explosive spending and debt burdens. Indeed, interest on the debt is set to overtake defense spending sometime in the next five years.
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My Comment: Will Congress reverse sequestration with a new bill .... will President Obama sign it .... my betting is no from the Senate, and no from the White House.
Update: Gen. Martin E. Dempsey has changed his mind .... he is now confident that the U.S. can still remain as a major power even with these cuts.
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