The drawdown facing the Defense Department in the next decade will likely total $1.2 trillion to $1.5 trillion, exceeding the Budget Control Act's sequestration scenario, according to a new report that criticizes the Pentagon's failure to plan for the cuts as a high-stakes gamble. The department will likely face not only budget cuts but also a "weakening defense dollar in terms of purchasing power as measured by military capability," states the Center for Strategic and International Studies' report on planning...
