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How big would the U.S. defense budget be if sequestration happens? Turns out, despite the sometimes-apocalyptic rhetoric, big. And how would the post-Afghanistan defense budget draw down compare to slowdowns in Pentagon spending that occurred after the Korean, Vietnam and Cold wars? Turns out, it would be smaller.
All of that is according to the work of a study group commissioned by the Center for Strategic and International Studies (CSIS), released earlier today.
As the above CSIS graph shows, under sequestration, annual Pentagon spending would drop 31 percent from its 2010 peak to its