On March 21, AEI’s Todd Harrison and the Center for Strategic and International Studies’ Seamus P. Daniels hosted Melissa Dalton of the Center for Strategic and International Studies, Defense Priorities’ Jennifer Kavanagh, AEI’s Elaine McCusker, and Michael O’Hanlon of the Brookings Institution to discuss how the Department of Defense can cut and reinvest 8 percent from its budget, in line with Defense Secretary Pete Hegseth’s guidance. All the panelists used AEI’s Defense Futures Simulator to process the cuts and reinvestments.