According to Bradford Plumer the Air Force is going to be dropping 30,000+ people in order to keep their big ticket items with their budget.
Seems to me that in a time when recruiting is going up to keep up with Afghanistan and Iraq (and I am sadly sure Iran, too, since we won’t just bomb their nuclear plants), we shouldn’t be getting rid of people.
Now I don’t know if the two things they want to keep are worth 40,000 people, but they might be. I’d like to hear someone in the Air Force’s take on this.