THE TELEGRAPH: Robert Gates, the US Defence Secretary, has said military spending must be cut by up to $15 billion a year and that the US cannot afford to enter into another Afghanistan or Iraq.
Mr Gates said that America would be forced to take tight budgets into consideration before launching any military action against Iran.
His plans would see cuts in spending on its bureaucracy and on equipment designed for a repeat of the Second World War rather than the smaller wars of the 21st century.
However, he said he would protect the military's ability to fight the wars in Iraq and Afghanistan.
He said that defence spending had doubled since the September 11, 2001 attacks, and that the severe recession guaranteed that "the gusher has been turned off and will stay off for a good period of time". >>> Alex Spillius in Washington | Sunday, May 09, 2010