No surprise here: Ron Paul is involved. An excerpt:
The Department of Defense currently takes up almost 56% of all discretionary federal spending, and accounts for nearly 65% of the increase in annual discretionary spending levels since 2001. Much of this increase, of course, is attributable to direct war costs, but nearly 37% of discretionary spending growth falls under the “base” or “peacetime” military budget. Applying the adage that it is necessary to “go where the money is” requires that rigorous scrutiny be applied to military spending. We believe that such an analysis will show that substantial spending cuts can be made without threatening our national security, without cutting essential funds for fighting terrorism, and without shirking our obligations as a nation to our brave troops currently in the field, our veterans, and our military retirees.