The US is going to sharpen its military edge in the Asia-Pacific region in connection with growing concern about China’s military building up there, US Defense Secretary Ashton Carter said on Thursday.
“The United States will continue to sharpen our military edge so we remain the most powerful military in the region and the security partner of choice,” Carter said.
So let's add this up. The US is preparing for war with Russia and China while also engaged in the GWOT. This implies that the "defense" budget has to expand considerably.
US Defense Secretary: US to ‘Sharpen Military Edge in Asia’
‘Pivot’ Prompts US to Send Newest, Best Weapons to Asia-Pacific - Carter