President Obama launches reshaping, shrinking of US military
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Looking beyond the wars he inherited, President Barack Obama on Thursday launched a reshaping and shrinking of the military. He vowed to preserve U.S. pre-eminence even as the Army and Marine Corps shed troops and the administration considers reducing its arsenal of nuclear weapons.
The changes won't come without risk, Defense Secretary Leon Panetta said. But he called it acceptable and, because of budget restraints, inevitable.
In a presentation at the Pentagon, Obama said the U.S. is "turning a page" after having killed Osama bin Laden, withdrawn troops from Iraq and begun to wind down the war in Afghanistan. He outlined a vision for the future that some Republican lawmakers quickly dubbed wrong-headed.
"Our military will be leaner, but the world must know the United States is going to maintain our military superiority," Obama said with Panetta and the Joint Chiefs of Staff chairman, Gen. Martin Dempsey, at his side.
More here: Obama Launches Reshaping, Shrinking of US Military - ABC News