Think Tank Calls Budget Cuts an Opportunity to Reform Military

Despite dire warnings about U.S. military funding cuts, one prominent Washington think tank says fewer dollars give the Pentagon a chance to make sweeping changes to sustain America's warring dominance. The Defense Department is implementing a $450 billion reduction to planned spending over the next decade, and could be forced to take out close to $500 billion more over the same span if Congress fails to pass a $1.2 trillion debt-paring deal this year.

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