So the Pentagon budget goes from what..... $700B to $650B? We can’t defend the country for $650 BILLION dollars a year?
Obama has only cut Defense in real terms. He and the Democrats initiated $487 Billion in cuts before sequestration. Thousands of jobs have already been cut, programs slashed, and contracts canceled.
The sequestration is on top of all of this, and represents an immediate 11% cut in Defense. Because sequestration takes place 1/4 through the current fiscal year, and the cuts are immediate - the DoD will have to slash Operations and Maintenance by massive proportions. No one knows how much (it could be 40%).
This is a disaster for our nation both economically and militarily.
I don't think there is any way to recover in the short term, even if Romney is elected. Obama and the Democrats have "accomplished" something that Conservative have long feared - they have broken the back of Defense.