The budget is being cut about 10%.
...and missions are being expanded thus draining resources that hamper future readiness/tech/foundation. Wrong area to cut with all the wet work/COIN being asked to be perform.
If you did read the article, you obviously are unable to grasp the facts.
The Sequestration cuts are the final blow. The 10% is the amount of the cut required by the Budget Control Act of 2011, and Obama exempted military pay for the first year (he said this during the campaign last year to deflect criticism). Therefore, ALL of the cuts have to be taken out of the DoD's Operations and Maintenance lines. That cut will be ~25% or even more (no one know yet how bad). And ALL of that has to be cut between March and September.
Compounding the crisis for the DoD, Obama began cutting the military much earlier. There were almost half a billion dollars in cuts (spread out over ten years) that he pushed for and implemented. Secretary Gates started them. Thousand of jobs were lost. Modernization was canceled. This all began 2 years ago.
Making this even worse for the military is the fact that the Senate and Obama never passed a budget (the House did, but that became moot). The military has been operating under a Continuing Resolution for almost 2 years now, with funding frozen at previous levels and with no ability to even forecast new budgets for itself.
And now comes the knife across the throat to our readiness and capability: Sequestration.
Here is just one article that lays out some additional facts for you (if you take time to read it this time):
Sequestration threatens the country's ability to allow those in uniform to do their jobs. To understand what it means in real terms, look at the Air Force. Over the past decade, the service has been hit with numerous cuts and now the 2013 budget risks pushing airmen over the brink. There comes a point when people simply cannot do more with less. Unless Congress passes a sustainable and viable alternative to the Budget Control Act, challenges arising in the Air Force will be mirrored throughout the Army, Navy and Marine Corps -- curtailing the number of key policy options upon which our nation's leaders depend.
Read this is well - it demonstrates the myopia of your statement:
This nation will pay a price for this epic fiscal malpractice vis-à-vis our military. Perhaps that will be part of God's judgment of our nation, because I see that coming.