As with all things government today there is a great deal of uncertainty if you rely on the Feds for just about anything. I would agree that some things need to be cut. After the longest war period in US history, after all the talk about Veterans issues from out federal elected officials, after promises upon promises that the federal government will do what it takes to care for this generation of veterans, the government because of the "Budget Control Act of 2011" it could happen anyway. Yes it is likely that some form of Congressional action will take place to remedy the situation, the one thing you can take to the bank is that the feds may just screw it all up.
My closest friends are almost all former military members, most of us collect some sort of benefit from the federal government, and that is what contributes to our "quality of life". When we served there were many times that "quality of life" issues were a main focus of the budget process. These issues ranged from housing (now a very screwed up private/public partnership) to food costs and pay. Now once again veterans are looking at cuts to the US Department of Veterans Affairs budget. Yes we write to our Congressman and get polite replies then sit on the edge of our chairs waiting for some sort of good news out of Washington DC.
Good luck to us all!