Pentagon to unveil plan guiding big spending cuts
WASHINGTON (AP) The Obama administration is rewriting its defense strategy to absorb hundreds of billions of dollars in defense budget cuts while scaling back the longstanding Pentagon goal of being ready to fight two wars simultaneously.
Underscoring the political dimension of Washington's debate over defense savings, President Barack Obama planned to make a rare appearance at the Pentagon on Thursday to outline the new strategy. The administration says tighter budgets are a must but will not come at the cost of sapping the strength of a military in transition after a decade at war.
In a presidential election year the strategy gives Obama a rhetorical tool to defend his Pentagon budget-cutting choices. Republican contenders for the White House already have criticized Obama on a wide range of national security issues, including missile defense, Iran and planned reductions in ground forces.
Obama also wants the new strategy to mark a turning point in his stewardship of defense policy, which has been burdened throughout his presidency by the wars he inherited and their drag on the budget.
http://www.google.com/hostednews/ap/article/ALeqM5hvtV1T3UBL506OjKEBJCJsSrv3MQ?docId=98ad64a496b046788e26c1903215f2d6 AP 2 hours ago.