CNAS has posted a critique of the President's 2014 Defense Budget:

The U.S. defense establishment today faces severe credibility challenges. Internationally, American defense budget cuts have shaken confidence in the U.S. military’s ability to achieve the nation’s security goals. The dysfunctional manner in which the U.S. government imposed the cuts has sapped faith in the ability of the American political system to provide steady, long-term support for U.S. security objectives. Domestically, the Department of Defense (DOD) has failed to accomplish its top political goal, averting sequestration, and has struggled to mobilize political support for its preferred strategy, the Defense Strategic Guidance. It is now being led by a defense secretary who suffered through a contentious nomination process and was confirmed by the smallest vote margin in the history of the job.

All of the think tanks are uniting in their displeasure with DoD's handling of its resource allocation under sequestration.