I just read it for the first time and was surprised to learn that he was announcing massive cuts to military spending, with base closures, consolidating departments between branches, eliminating acquisition teams, and outsourcing things like janitorial work. That, and better tracking of where the money is going. It was actually a refreshing speech and the exact opposite of the warmonger Rumsfeld would come to be known as.

https://web.archive.org/web/20100301161721/http://www.defens...

"There's a myth, sort of a legend, that money enters this building and disappears, like a bright light into a black hole, never to be seen again. In truth, there is a real person at the other end of every dollar, a real person who's in charge of every domain, and that means that there will be real consequences from, and real resistance to, fundamental change."

Thank you. That's a great site!