Gates: $400B From DoD Budgets 'Not A Minor Cut' -- Defense News
U.S. Defense Secretary Robert Gates said that the $400 billion cut to the national security budget being sought by the White House by 2023 is not minor, but that the Pentagon has been dealing with smaller-than-expected budgets of late.
"Well, I don't think it's a minor cut," Gates said June 16 during a briefing at the Pentagon, his last before he retires at the end of the month. "I think it's important to remember, you know, we didn't start this yesterday."
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My Comment: Yup .... this is probably the understatement of the year from the U.S. Secretary of Defense.
What is my take .... looking at what is happening in Britain and it's defense cuts .... the U.S. cuts are minor in comparison. Unfortunately .... with trillions in debt .... we may look at a $400 billion cut as a miniscule cut in comparison to what may be necessary to balance the nations financial books.