GOP legislators propose alternate spending cuts to sequestration . Defense Secretary Panetta says political partisanship threatens U.S. stability . `` This is not a game . Defense Secretary Leon Panetta listed those consequences as he provided a stark warning on Wednesday about the effects of impending budget cuts on the military unless Congress acts to avert them . This is reality , '' Panetta says of reduced readiness . TL;DR The Pentagon has proposed cutting $487 billion from the budget over 10 years in order to reduce its deficit and avoid sequestration, which would cut military spending.
GOP legislators propose alternate spending cuts to sequestration . Defense Secretary Panetta says political partisanship threatens U.S. stability . `` This is not a game . This is reality , '' Panetta says of reduced readiness . TL;DR The Pentagon has proposed cutting $487 billion from the budget over 10 years in order to reduce its deficit and avoid sequestration, which would cut military spending.