Defense Budget Increase Under Obama

Much of the mainstream media has presented the first Obama budget for the Pentagon as a massive cut of defense spending, which is not accurate. See this TPM article for a roundup of who got it right. It is, instead, a 4% INCREASE, though I believe that includes spending for the wars in Iraq and Afghanistan which have previously been funded by supplemental appropriations. Some large weapons programs are cut, and that will be a job problem in some areas, including here in Georgia. But most of the systems being cut have run horribly over budget and have either not performed as advertised or were designed to fight the Cold War, which has been over for many years.