02/23/2012
On Aug. 27, 2010, President Obama's then-chairman of the Joint Chiefs of Staff said our national debt is "[t]he most significant threat to our national security." He then went on to point out that the interest on that debt in 2012 will approach the equivalent of the entire defense budget for a year. Apparently, as his new National Defense Strategy suggests, the president put those two ideas together and concluded that cutting the defense budget is the best way to eliminate the debt threat.
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