From today’s speech by President Barack Obama on the Defense Strategic Review:
Some will no doubt say that the spending reductions are too big; others will say that they’re too small. It will be easy to take issue with a particular change in a particular program. But I’d encourage all of us to remember what President Eisenhower once said — that “each proposal must be weighed in the light of a broader consideration: the need to maintain balance in and among national programs.” After a decade of war, and as we rebuild the source of our strength — at home and abroad — it’s time to restore that balance.
I think it’s important for all Americans to remember, over the past 10 years, since 9/11, our defense budget grew at an extraordinary pace. Over the next 10 years, the growth in the defense budget will slow, but the fact of the matter is this: It will still grow, because we have global responsibilities that demand our leadership. In fact, the defense budget will still be larger than it was toward the end of the Bush administration. And I firmly believe, and I think the American people understand, that we can keep our military strong and our nation secure with a defense budget that continues to be larger than roughly the next 10 countries combined.
Read the full transcript at the White House website.