Interesting commentary at Real Clear Politics about the Defense budget…did you know this? I didn’t.

If Rip Van Winkle had fallen asleep in the Pentagon’s budgeting office 20 years ago and awoke today, his first reaction would be that nothing had changed. President George W. Bush has asked for $505 billion for the peacetime U.S. military establishment in 2008 — almost exactly the amount, in real dollars, that President Ronald Reagan sought in 1988.