The risk of war in Asia will increase over the next 10 years as U.S. military forces struggle to maintain their edge amid declining budgets and increasing threats, according to the chairman of the Joint Chiefs of Staff.
The Army says it would have trouble handling a single war due to recent budget reductions, USA Today reports.
A combination of budget cuts and escalating compensation costs will reduce the U.S. military’s fighting forces by at least 50 percent by 2021 and threaten national security, according to a report released Friday.
Secretary of Defense Leon Panetta will recommend to Congress that military salaries be limited to a 1 percent increase next year due to “budget uncertainties” related to sequestration.
Top military leaders warned Congress that if a defense budget agreement is not made then the nation’s military will face serious problems, according to the Associated Press.
“We are at war,” Sen. Lindsey Graham (R., S.C.) declared before a packed lunchtime audience at the Willard Hotel Tuesday afternoon. Radical nations like Iran continue to pose a deadly threat to American interests across the globe, Graham said.
Obama is trailing Romney by a large margin in a key swing state constituency, Politico has reported in an article titled, “Veterans Retreat from President Obama.”
Tens of thousands of employees of government contractors may receive dismissal notices just days before the presidential election, as a result of President Obama’s defense spending cuts, which will go into effect in early 2013.
As Congress debates massive defense cuts, one of the globe’s biggest defense companies has slashed 740 jobs in a D.C.-based unit as part of a program aimed at reducing the company’s overhead.