S.121: A bill to provide for the redeployment of United States forces from Iraq.

States that it is U.S. policy to redeploy U.S. forces within 180 days after enactment of this Act while maintaining in Iraq the minimal level of U.S. forces sufficient to engage directly in targeted counterterrorism activities, train Iraq security forces, and protect U.S. infrastructure and personnel in Iraq.

Directs the Secretary of Defense and the Secretary of State to jointly submit to Congress a report setting forth the strategy for such redeployment.