The White House has told the Pentagon to squeeze that growth over the next five years, Mr. Gates said, reducing by $78 billion the amount available for the Pentagon, not counting the costs of its combat operations.Our emphases. When you see or hear "$78 Billion Cut," remember that's over a five-yr. period, not from the annual waste, fraud & abuse DoD budget.
Again:
The Pentagon’s proposed operating budget for 2012 is expected to be about $553 billion, which would still reflect real growth, even though it is $13 billion less than expected. The Pentagon budget will then begin a decline in its rate of growth for two years, and stay flat — growing only to match inflation — for the 2015 and 2016 fiscal years. (The Pentagon operating budget is separate from a fund that finances the Afghanistan and Iraq wars.)
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