"If the military can't absorb a $55 billion hit, it's not worth what we've been spending on it." Nick Gillespi. Reason.com - Can the U.S. Defend Itself if Sequestration Cuts Really Happen? - Reason.com.
Gillespi makes a great point. Despite all of the histrionics from Republicans and Democrats, the sequestration is a joke. The federal government is so bloated that the threatened reduction in spending brought through sequestration is barely a down payment on what needs to happen.
Gillespi points out how real defense-related spending is almost a trillion dollars a year. Outrageous. It's time we stop policing the world, subsidizing the welfare states of Europe and elsewhere.