If lawmakers this year or early next year are able to set aside partisan conflict long enough to pass a $1.2 trillion deficit-paring plan, lawmakers and sources say they doubt it will mirror the Simpson-Bowles panelâ€™s work. But, much like negotiating to buy an automobile, the commissionâ€™s report has served as a starting point for talks between Democrats and Republicans...
The Simpson-Bowles plan proposed slashing Pentagon spending by just more than $100 billion. As for specifics, it advocated a military pay freeze and sizable annual cuts to military acquisition coffers by making major changes or killing programs such as the F-35 Joint Strike Fighter and the V-22 tilt-rotor aircraft.
http://www.defensenews.com/article/2012 ... |FRONTPAGE