Brookings Institution’s Michael O’Hanlon offered recommendations on how the Defense Department can cut its annual budget by 10 percent or $60 billion by modernizing U.S. weapons and reducing U.S. ground forces once the Iraq and Afghanistan wars have ended. He discussed his new Foreign Policy paper, “Defense Budgets and American Power” at an event hosted at The Brookings Institution. Other speakers include Brookings Senior Fellow Robert Kagan and Former Federal Reserve Board Vice Chairman Alice Rivlin, who was also a member of the National Commission on Fiscal Responsibility and Reform, and co-chair, with former Senator Pete Domenici, of the Bipartisan Policy Center’s Debt Reduction Task Force.
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