This Administration has pursued a strong national security policy that has achieved significant victories in eliminating Al-Qaeda leaders and decimating the group’s operational capabilities. It [has] engaged in successful cooperation and coordination with our NATO allies in Libya without losing a single American life and brought our troops back from Iraq with dignity. Today’s announcement follows a strategic review of defense policy and aims to strengthen our Armed Forces’ ability to address the challenges of a changing global security environment. In line with this new strategy, the defense budget will adapt to ensure that our military has all the resources it needs to support the changing mission, while at the same time contributing to comprehensive deficit reduction. Our deficits themselves represent a national security threat that must be addressed, further reason why it is important to achieve a big and balanced solution this year. This new strategy recognizes that our military continues to be the greatest in the world and a source of pride for all Americans.