There initially was a "peace dividend", starting in 1990. But as this article discusses, it evaporated in the wake of the Al Qaeda attacks in 2001: See: Defense spending in the U.S., in four charts
Live streams @
CBS News' Bob Schieffer will be the moderator; and the topic will be foreign affairs.
[Some interesting Twitter feeds to watch]
Ezra Klein , Washington Post.
Jeff Greenfield, PBS.
John Heilemann, New York Magazine.
Rachel Maddow , MSNBC.
Sean Hannity, Fox News
Bil Maher, HBO
Politifact, Tampa Bay Times.
Fact Check, Fact Check dot org.
Jay Carney, White House Press Secretary.
Debbie Wasserman Schultz, DNC Chairwoman.
Reince Priebus, RNC Chairman.
David Axelrod, Former Senior Advisor to President Barack Obama.
Eric Fehrnstrom, Senior Romney campaign adviser.