Looks like we're approaching more projections and possibly a winner, so I wanted to highlight yesterday's story on what a victory by each candidate could mean:
No matter who wins the presidency this week, there will still be troops in Iraq and Afghanistan next spring.
All military personnel will still see a hefty pay increase in January, and with the current Congress they’re likely to get above-inflation raises each of the next four years. Deep cuts in defense programs aren’t likely with either candidate’s victory, as both have promised to keep up national security spending. But if Barack Obama wins, it could mean fewer troops in Iraq right away and an end to the "don’t ask, don’t tell" policy. A John McCain victory likely means a big boost in the number of soldiers and Marines along with more overseas combat tours in the next four years.
Plenty of things to worry about and look forward to with either guy. The Pentagon has already started to put a transition team together to assist either new administration in tackling the issues to come.