Former acting defense secretary thinks the U.S. should slash its military budget in half

Former acting Defense Secretary Christopher C. Miller has a message for Washington: cut the defense budget "dramatically" and stop making China a bogeyman.  

Miller argues the Pentagon budget, now at $816 billion, could be slashed by as much as half.  

"We have created an entire enterprise that focuses economically on creating crisis to justify outrageously high defense spending," Miller said in an interview with chief Washington correspondent Major Garrett for this week's episode of "The Takeout."