It has long been understood in conservative circles that the real reason for Obama's desire to wave the white flag and flee Iraq (and Afghanistan) was to shift those billion$ towards his long socialist agenda.
Having been on the receiving end of the "coldwar peace dividend" and the 1990's demolition of our Armed Forces, I have long suspected that a similiar gutting of defense would occur under an Obama administration.
H/T Barney Frank in his exuberance, for showing even more of their hand.
In a meeting with the editorial board of The Standard-Times, Rep. Frank, D-Mass., also called for a 25 percent cut in military spending, saying the Pentagon has to start choosing from its many weapons programs, and that upper-income taxpayers are going to see an increase in what they are asked to pay.
Full text of the SunCoast Massachusettes' article found here.
Perhaps it'll be called the GWOT peace dividend?