In its January 2012 Defense Strategic Guidance (DSG), the Obama Administration stated that the United States “will of necessity rebalance toward the Asia-Pacific region.”1Yet one month later, the administration released its 2013 defense budget request, including $487 billion in cuts mandated under the 2011 Budget Control Act (BCA), which provided a framework for medium-term deficit reduction—primarily through large cuts in defense and domestic discretionary spending. While the new strategic guidance garnered headlines for its renewed emphasis on the Asia-Pacific, the 2013 budget request turned out to be the far more important document.The 2013 request was the first in a succession …read more
Source: American Enterprise Institute for Public Policy Research