Holding the Line: U.S. Defense Alternatives for the Early 21st Century

Since the end of the Cold War, the US military has reduced its combat forces by 40 percent, closed about 20 percent of its bases, and withdrawn from many overseas posts. Even after these changes, the US military is by far the strongest in the world, with huge advantages in training, equipment, and technology. Despite cutting its annual spending by about 30 percent, the United States spends more than the countries with the six next-largest military budgets combined.