Published: December 5, 2011
The U.S. government is drowning in debt. Defense spending is taking a big hit. As a result, the military will shrink. Land forces will bear the brunt of the cuts with Army alone expected to trim its ranks by at least 50,000 soldiers as combat in Afghanistan ends.
Congress recently made things even more uncertain recently when the supercommittee failed to reach an agreement on cutting the country's debt, meaning the Defense Department could face an additional $600 billion in cuts starting in 2013.