Obama to Cut Troops on Active Duty for First Time Since End of Cold War

WASHINGTON POST: For the first time since the end of the Cold War, thePentagon is confronting the reality that inexorable increases in defense spending are no longer a sure thing and that cuts that actually shrink the military’s bottom line could be on the horizon.

Under direction from the White House, Defense Secretary Robert M. Gates on Thursday announced that the Pentagon will cut projected spending by $78 billion over the next five years and shrink the size of the Army and Marine Corps. The changes mean that the military would see annual budget increases that barely exceed inflation in coming years and that its budget will effectively remain frozen in 2015 and 2016.

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