A failure of the Joint Select Committee on Deficit Reduction to strike a $1.5 trillion budget cut deal, or a later decision by Congress to reject the plan, could lead to automatic and devastating consequences for the nation’s military and the defense industrial base, a Pentagon spokesman warned. If either of those scenarios takes place, press secretary George Little said, “we would be looking at, in all likelihood, the smallest Army and Marine Corps in decades, the smallest tactical Air Force since was established and the smallest Navy in nearly 100 years.” George Little Automatic cuts to the Defense Department would take place, through the 2011 Budget Control Act’s sequestration mechanism, if the Committee members don’t offer a plan to reduce the deficit by Nov