He said the tide of war was receding, but the US would still retain its military superiority in the world. The Pentagon faces more than $450bn (£288bn) in cuts in the next 10 years.
President Obama said the defence budget would still grow but at a slower pace, as he unveiled the strategic review of the military on Thursday. He was joined by Defence Secretary Leon Panetta who went on to outline further details.
Mr Obama has been closely involved with shaping the review, meeting high-ranking defence officials six times since September.
Text: Obama’s Remarks on Military Spending
Good morning. The United States of America is the greatest force for freedom and security that the world has ever known. In no small measure, that’s because we’ve built the best-trained, best-led, best-equipped military in history—and as Commander in Chief, I’m going to keep it that way. read more
Obama Domestic And Economic Policies Undermine New Asia Strategy
President Obama’s decision to refocus U.S. strategy on the Western Pacific is timely and appealing. Allies in East Asia have been clamoring for a renewal of U.S. military commitments there as China builds up its military capabilities and presses territorial claims against neighbors. Meanwhile, U.S. voters have become disenchanted with a seemingly endless land war in Afghanistan that offers little hope of clear-cut victory. A strategic shift to the Pacific stressing air and naval power over “boots on the ground” will be welcomed both at home and abroad. read more
For the latest updates PRESS CTR + D or visit Stock Market news Today
No comments:
Post a Comment