Report: Sequestration, Military Budget Cuts Hurting National Security

A combination of budget cuts and escalating compensation costs will reduce the U.S. military’s fighting forces by at least 50 percent by 2021 and threaten national security, according to a report released Friday. The report by the Bipartisan Policy Center also said that the nearly $1 trillion in defense funding reductions over the next decade, known as the sequester, would cripple the readiness and modernization of military forces.

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