Pentagon preparing budget cuts, reducing ships, planes, and troops but continuing to fund special forces and unmanned drones
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Defense Secretary Leon Panetta detailed today how the Obama administration plans to achieve $487 billion in cuts over the next decade, in part by reducing the number of ships, planes and troops, but continuing to fund elite special forces -- and support technologies like unmanned drones.
Panetta will request a Pentagon budget of $525 billion for fiscal year 2013, a $6 billion reduction from last year's budget and $33 billion less than what had been forecast a few years ago. The administration will also ask for another $88.4 billion to maintain the U.S. troop presence in Afghanistan, a reduction from the $115 billion being spent this year.
More here: Pentagon: Fewer Soldiers, More Drones Will Save Money - ABC News