The Pentagon's base closing list came out today. If it passes through the President and Congress, it will have an economic impact on nearly every state in the Union.
The Pentagon claims these closings will save $50 billion over the next 20 years (MSNBC). That's chump change when you consider that the Pentagon is asking ten times that figure to support the military in 2006 alone.
Leave it to Rumsfeld's Pentagon to boast that it's cutting back on spending when it's actually spending more.
But I guess you have to spend money to save money, huh?