The new debt ceiling deal between President Barack Obama and congressional Republicans included one major Republican concession: deep cuts in defense. The first set of defense budget cuts will amount to $350 billion over 10 years, but the deal includes a triggering mechanism that may tack on another $500 billion or so in the same time period. After a decade of war and more than a decade of sustained defense budget growth, this would represent a major shift in how the United States spends money on its military. In one sense, the decision to cut the defense budget makes a […]
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Global Insider is an ongoing World Politics Review interview series that examines developing trends in geopolitics. From energy issues and policy close-ups to bilateral and regional relations, Global Insider explores the foundations and implications of new developments in international affairs through the voices of pre-eminent experts hailing from government, academia and research institutions. Global Insider is published 3-5 times per week on the Trend Lines page. Below are links to each article in this special report, which subscribers can read in full. Not a subscriber? Purchase this document for Kindle or as a PDF from Scribd. Or subscribe now. Energy […]