Despite not having taken any action to pass an annual budget for the United States government of any kind for almost two and a quarter years, it appears that the current majority Democratic Party in the Senate may finally have developed a blueprint for the federal budget, one that even promises to reduce the…
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In the new article, “The Real Cost of U.S. in Libya? Two Billion Dollars Per Day,” Loren Thompson at Forbes now reports that the real cost of Obama’s war in Libya is $2 billion per day! The one thing most experts seem to agree on about the current coalition air campaign in Libya is…
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Devin Dwyer and Luis Martinez report for ABC News in “Cost of Libya Intervention $600 Million for First Week, Pentagon Says,” that: One week after an international military coalition intervened in Libya, the cost to U.S. taxpayers has reached at least $600 million, according figures provided by the Pentagon. U.S. ships and submarines in…
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Polling from Pew and Gallup reveals major public misconceptions about the defense budget. Fifty-eight percent of Americans know that Pentagon spending is larger than any other nation, but almost none know it is up to seven times that of China. Most had no idea the defense budget is larger than federal spending for education,…
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The Honorable Erskine Bowles National Commission on Fiscal Responsibility and Reform 1650 Pennsylvania Avenue, N.W. Washington, DC 20504 Dear Mr. Bowles: We are writing to you and other members of the President’s National Commission on Fiscal Responsibility and Reform as individuals who have worked in national security affairs for decades for the Department of…
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In a new article in Defense News, Winslow Wheeler reports on the trillions of dollars of wasteful spending by the Pentagon, and the poor state of the armed forces that result: “You�d think all that added money would give us larger forces, a newer hardware inventory and better trained people. Instead, the windfall made…
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In 1998, the Pentagon budget was at a twenty-three year low at $361 billion (in constant 2010 dollars). For 2010, the DOD budget was $697 billion (also 2010 dollars, as are all the rest that follow). According to the analysis of the Project on Defense Alternatives, between 1998 and 2010 Congress appropriated to the…
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