The Progressive Policy Institute is holding a forum this week titled "New Threats and Tough Choices: A Discussion on Obama's First Defense Budget." The keynote speaker will be Rep. John Spratt (D-SC), chairman of the House Budget Committee and member of the House Armed Services Committee. According to the release,

In the middle of two major military deployments, the White House must take stock of today's national security threats and begin the painful process of spending discipline. Yet tough questions remain: How will the U.S. fund massive weapons projects ill-suited to today's security challenges?

Translation: Only defense has to worry about spending discipline. And those massive weapons projects ill-suited to today's security challenges? Planes, ships, and army vehicles that we would only need in the event of some unimaginable conflict with Iran, China or North Korea.