obama plans to halve us deficit, page-4

Yes to keep Federal spending down it makes the probability of Iran getting nuked higher than the higher cost conventional warfare alternative.
There will be many other flow on effects of constraining spending lifers given the death penalty instead of life imprisonment, GM probably not to get its bail out, tariffs (probably vailed as phyto-sanitary restrictions on imported food stuffs, no direct Letters of Credit from exporters instead monies to be chanelled through Treasury probably many other statutes to be passed reducing medicare spending etc