The Pentagon's next Quadrennial Defense Review will be shaped largely by how Congress grapples with the federal debt and who wins the White House in 2012, Under Secretary of Defense for Policy Michèle Flournoy said today. What the 2014 QDR report looks like will depend on whether Congress permits sequestration to be implemented, forcing new defense cuts totaling hundreds of billions of dollars over the next decade, or whether lawmakers make the "necessary hard choices" to avoid going down that...