Pentagon cuts reshape military, trim costs

"The funding request, which includes painful cuts that will be felt across the country, comes at a historic turning point for the military as it winds down 10 years of war in Afghanistan and Iraq and shifts its strategic focus to the Asia-Pacific region and the Middle East..."

at http://www.reuters.com/article/2012/01/26/us-usa-defense-budget-idUSTRE80P1SP20120126