Pentagon Faces Possibility of Hundreds of Billions in Spending Cuts Over 10 Years - Elisabeth Bumiller

http://www.nytimes.com/2011/08/02/us/politics/02pentagon.html?_r=1&ref=todayspaper

There was at least some clarity for the immediate future: cuts in next year’s military budget are likely to be minimal or at least modest, depending on the way the counting is done. Beyond that, military budget analysts said, there was a real possibility that cuts in military spending would amount to about $550 billion over the next 10 years — or $150 billion more than what President Obama has already requested.

This could actually be an issue that really becomes a third rail for tea party politics. It makes fiscal sense to work to close unused bases and take weapons systems manufacturing off line. That is until it happens in one's district.