Obama's Proposed Cuts to the Defense Budget
Today President Obama gave a speech to the nation, outlining the programs and departments he feels need some trim-trim-trimming long-term to reduce the country's deficit. Bloomberg News reports the plan he's come up with would, over the next dozen years, cut $4 trillion from the deficit.
Those numbers differ from what Defense Secretary Robert Gates said the Pentagon needs to get by, at minimum $540 billion.
What's interesting is that the Tea Party faction of the Republican Party in Congress is one of the biggest supporters of cutting the defense budget, according to the Associated Press and the Washington Post.
Here's a clip of the president's speech, courtesy of NBC News: