Jack Reed actually said...

"Well, thank you very much, Mr. Chairman."

"It is clear from the events of the last few months that we are facing a challenge of increasing complexity and instability in the region."

"The increasing velocity of instability, combined with continued reductions in defense spending, will inevitably lead to depleted readiness, chronic modernization problems, and deteriorating morale."

"We have to rebuild readiness. We have to modernize the force."