The defense budget cannot meet sequestration caps without wrecking current force readiness, and either personnel or major acquisition programs will have to be sacrificed to invest in key capabilities for the future, according to a panel of leading think tank researchers who testified before the House Armed Services Committee on Wednesday.“That wasn’t very cheerful,” committee chairman Mac Thornberry (R-Texas) said after hearing the five panelists’ opening statements.The researchers described a budget game they participated in last year, in which an…
