New cuts to come in the US Defense budget

(BRUSSELS2) A new budget cut of $600 billion will be made on the American defense budget from 2013, indicated the White House after the failure of negotiations between majority and opposition on debt financing and budgetary restriction measures . The decision came down yesterday. Republicans and Democrats have, in fact, failed within the framework of the “Super Committee”, to reach an agreement to make additional budget cuts. The decision taken in August provided that in the absence of an agreement, a new cut of $1,2 trillion would be made, automatically, shared in half between military spending and civilian spending, over the next ten years. That’s a reduction of 60 billion per year in the defense budget.

Barack Obama therefore launched a final appeal yesterday to the negotiators to avoid " work with an ax (corn) rather with a scalpel ". " Although Congress has not been able to come to an agreement yet, nothing is stopping them from coming to an agreement in the coming days. They can still come together around a balanced plan. said the American president in a press release (http://www.whitehouse.gov/the-press-office/2011/11/21/statement-president-supercommittee). 

Comment: The additional reduction in the US defense budget will make American pressure even stronger on the Europeans, particularly so that they bear more of their share of defense, notably for the establishment of the anti-missile shield. But not only. It will also force American industry to be more aggressive abroad to compensate for domestic losses.