This is my thought as well. And I hope we see the argument made that every other department should be responsible for larger cuts than those the DOD will be forced into via the sequester that is apparently still going to be enacted. 10% absolute cuts across the board should be easily achievable.
Except that 0bama said in his speech that any cuts during the debt ceiling debate will have to include additional revenues including closing of deductions for high income earners and corporations.
So he is already going for more taxes, right after he gets his tax raises this tome.