The US debt crisis going forward is entitlements. The rest is noise. The promises made for medicare and SS are impossible (what a surprise that a ponzi-scheme is untenable over a long time frame).
Look at Obama's budget. Cut foreign and military spending to ZERO and it would still be nearly 1 TRILLION in the hole for the year.
To borrow from a previous election cycle, with a twist, "it's the entitlements, stupid."
Defense can certainly be reduced, but the difference between peacetime and wartime (current) spending is in fact not all that great.
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"Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one." — Thomas Paine
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