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Posted at 3:00 PM ET, 01/ 6/2011

Pentagon to cut spending by $78 billion

By Craig Whitlock

The Pentagon will have to cut spending by $78 billion over the next five years, Defense Secretary Robert M. Gates said Thursday, forcing the Army and Marine Corps to shrink the number of troops on active duty and eventually imposing the first freeze on military spending since the Sept. 11, 2001, attacks.

The surprise announcement from Gates was a reminder for the military establishment - which has benefited from a gusher of new money over the past decade - that it will not remain exempt from painful austerity measures that federal lawmakers say will be necessary to control the soaring national debt.

In a news conference to announce the cuts, Gates said he hopes that "what had been a culture of endless money . . . will become a culture of savings and restraint" at the Defense Department.

Continue reading this story >>>

By Craig Whitlock  | January 6, 2011; 3:00 PM ET
Categories:  Budget, Military  
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Comments

Hey, can we slash funding for the CIA and all other intelligence gathering organizations as well. That way we will have completely replicated exactly what Clinton did, between BJ's of course, after the first WTC attack leaving us completely defenseless. That way when a Republican is elected POTUS in 2012, we can blame the attack on them (again).

Posted by: Bcamp55 | January 6, 2011 5:06 PM | Report abuse

ho ho ho har harr harr haque haque, them cutting spending? Them of the $2200 hammmer and $1721 toilet seat (1970's dollars corrected for inflation)??? I would guess they first bloated their demand by $200,000,000,000 and then offerd to cut $78,000,000,000. Haque haque ... The tax payor is a real sucker!

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