President announces new vision for military

Defense Secretary Leon Panetta and General Martin Dempsey, chairman of the Joint Chiefs of Staff, will hold a news conference today to unveil a new “more realistic” vision for the U.S. military, including cuts to ground force numbers as a result of budget strains. And they’re going to have a special guest –President Barack Obama. This event will also discuss the growing strategic importance of Asia as well as maritime and air power as the military reshapes itself for the coming years.