How can a 10-year 10% cut require an 18% reduction in one year?
It hardly saves you money if you stop buying things you already paid for. On the other hand, if nothing bad happens in the next year, we’ll save real money not sending a 2nd ship overseas. It’s a gamble, but it could pay off.
Of course, Obama could also simply stop spending 50 billion dollars on “green energy” initiatives through military contracting, but that would go against his general philosophy of throwing money away at things that don’t work.
The first years cut has to be made over only six months.