Barack Obama may have survived a tenuous economy and a bitter political campaign to secure another four-year term as president, but major partisan debate and division remain. As the Democratic White House and Republican House of Representatives tangle perilously close to a 'fiscal cliff,' vital priorities hang in the balance. In this, the newest entry in Brookings' long line of defense budget analyses, Michael O'Hanlon considers the best balance between fiscal responsibility and national security in a period of continued economic stress.
O'Hanlon believes that savings in the range of what Obama proposed in 2012 are the right goal for defense cost reductions in the coming years. He explains why cuts of the magnitude required by sequestration, and those suggested by the Bowles-Simpson and the Rivlin-Domenici plans for greater fiscal health, are too deep on strategic grounds, particularly in light of America's rebalancing toward Asia and ongoing turbulence in the Middle East.
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Michael E. O'Hanlon is a senior fellow with the 21st Century Defense Initiative and director of research for the Foreign Policy program at the Brookings Institution, where he holds the Sydney Stein Jr. chair. His many published books include Wounded Giant: America's Armed Forces in an Age of Austerity (Penguin, 2011) and The Opportunity: Next Steps in Reducing Nuclear Arms (a Brookings FOCUS book, 2012), written with Steven Pifer.
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