On Wednesday, the National Defense Strategy Commission released a report warning that the U.S. military has lost its edge to a potentially dangerous degree after years of insufficient resources, innovation, and leadership. The 12-person commission, created by Congress and filled with former top Republican and Democratic officials, evaluated President Trump's 2018 National Defense Strategy. The commissioners did not disagree with the strategy's aim of revamping the military to better compete against China and Russia, but they said the effort was too slow and insufficiently funded, The Washington Post reports.

"The U.S. military could suffer unacceptably high casualties and loss of major capital assets in its next conflict. It might struggle to win, or perhaps lose, a war against China or Russia," the report found. "The United States is particularly at risk of being overwhelmed should its military be forced to fight on two or more fronts simultaneously."

The U.S. military budget jumped to $716 billion this year, more than four times China's military budget and more than 10 times Russia's, the Post notes. But the commission still said "available resources are clearly insufficient to fulfill the strategy's ambitious goals," suggesting Congress lift budget caps on the military while also examining other ways to tame the soaring federal deficit.

"There is a strong fear of complacency, that people have become so used to the United States achieving what it wants in the world, to include militarily, that it isn't heeding the warning signs," said commissioner Kathleen H. Hicks, a former top Pentagon official during the Obama administration. "It's the flashing red that we are trying to relay." You can read more about the commission's recommendations at The Washington Post. Peter Weber