from today's wsj:

"Yet the Obama Administration isn't buying it. Funding for missile defense was cut in the 2010 budget by some 15%—$1.2 billion to $1.6 billion, depending on how you calculate it. The number of ground-based interceptors was reduced. The Missile Defense Agency's budget for the Airborne Laser is to be slashed in half, and Secretary of Defense Robert Gates pulled the plug on buying a second plane. The Pentagon says the program will have three tries to hit a live missile, or be killed altogether."