Today, Secretary of Defense Leon Panetta unveiled a budget plan that cuts half a trillion dollars in spending increases over the next 10 years, ultimately illustrating how the Obama administration feels America’s military needs to change. Cuts would begin in October 2013.
Panetta said he will request a total budget that is $33 billion less than the current budget. To achieve this, Panetta said a new “flexible and agile” strategy was developed for the military of the future. From examples provided, savings will come from reduced headcount, closing of European bases, and retiring of antiquated hardware.
Programs like the Special Operations Forces (e.g. Navy SEALs) and unmanned aerial vehicles will actually see increases in spending.