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Detailed text transcripts for TV channel - FOXNEWS - 20120106:00:07:00

Behind strategy from a left behind america. in a statement, congressman mckeon add, the president must understand that the world has always had and will always have a leader. as america steps back, someone else will step forward. for some context, here is how the spending fluctuated over the years. it fell during the relatively peaceful 1990s and jumped again after the terrorist attacks of 9-11. of course, there are critics here and they say this isn t just about money. it s about safety and security as well. jennifer griffin is live at the pentagon. they say everyone involved seems to believe this is going to be fine except for some critics on the outside. can you explain to us what the cut also involve? most significantly, the focus will shift toward the asia pacific, away from ground wars toward air and sea power, the army and marine corps will get smaller. the f-35 fighter jet will be slowed, not stopped. military retirement and health ....

Congressman Mckeon Add , Isn T , Jennifer Griffin , Ground Wars , Sea Power , Fighter Jet , Military Retirement , Marine Corps , Asia Pacific , F 35 ,

Detailed text transcripts for TV channel - FOXNEWS - 20120106:09:50:00

Confront and defeat more than one adversary at a time. if they re not going to give anything up, they don t have the resources to do all the things they say they want to do. it just doesn t add up. bret: the president making a historic trip to pentagon, briefing room to lay out rather defense cuts that will be coming. focus shifting toward asia pacific. away from ground wars toward air and sea power. the army and marine corps will get smaller. the f-35 fighter jet production will be slowed. but not stopped. aye before the break we asked you what do you think of the defense cut. 93% say they cut too much. this is road map of the american decline. ....

Add Up , Sea Power , Fighter Jet Production , Ground Wars , Briefing Room , Marine Corps , Focus Shifting Toward Asia Pacific , F 35 , Road Map , The American ,

Detailed text transcripts for TV channel - MSNBC - 20120106:10:38:00

Leon panetta says the nation can no longer afford. all of this at a time when america faces a serious deficit and debt problem at home. a problem which is, itself, a national security risk squeezing both the defense and domestic budgets. reporter: to cut the military s budget will take a major shift in strategy. u.s. forces will focus on deterring a growing threat from china in the asia pacific region, conduct smaller counter insurgency operations with u.s. special forces elsewhere, and no longer attempt to fight two major ground wars at the same time. i m uneasy about recognizing up front that we re not going to retain that capability, but it tells your adversaries, look, they are tied up in a place like korea. it s time for mischief in the persian gulf. reporter: but there will also be sacrifice. the pentagon will slash its spending by $489 billion over the next ten years. the army and marine also have to cut more than 100,000 service ....

Leon Panetta , Debt Problem , Us Special Forces , Militarys Budget , Counter Insurgency Operations , Asia Pacific Region , Ground Wars , Its Time , Service Members , Persian Gulf , 789 Billion , 489 Billion ,

Detailed text transcripts for TV channel - CNN - 20120105:19:21:00

There he is. just hours ago with his defense secretary leon panetta by his side. they announced a sweeping plan to scale background forces and to shift more resources both to air and to sea. you said this strategy, 4,000 u.s. troops would be recalled from europe and then within the next five years, there will be at least 47,000 fewer troops serving. that level of troop reduction, while it is not specifically spelled out under the strategy, would probably end america s ability to fight two ground wars at once. this is all happening to give you a little context here, because the pentagon plans to slash half a trillion in spending over the course of the next ten years. president obama said today, vowing that all these cuts will not leave americans unprotected. we can t afford to repeat the mistakes that have been made in the past. after world war ii, after vietnam, when our military was left ill prepared for the future. as commander-in-chief, i will not let that happen again. not on my ....

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Detailed text transcripts for TV channel - CNN - 20120105:19:00:00

Electorate in south carolina. much closer to iowa. much more different than here in new hampshire. thank you, paul. be sure to keep it right here next tuesday as new hampshire voters head to the polls. we ll have live coverage tuesday night 7:00 eastern right here on cnn. thank you for watching. i would love to hear what you think. you can continue the conversation with me on facebook or twitter. cnn newsroom continues now with brooke baldwin. let s get you caught up. beginning with the military and specifically shrinking the size of it and likely ending america s ability to fight two ground wars at once. president obama today unveiled a plan at the pentagon to deal with these deep cuts to the defense budget over the course of the next decade. this plan would scale background forces and also shift more resources to air and sea. bess but despite all reduced spending, the president claims america will not be vulnerable. so yes, our military will be ....

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