Pete
02-23-2010, 05:42
The 2011 Defense Budget: Inadequate and Full of Inconsistencies
http://www.heritage.org/Research/NationalSecurity/bg2375.cfm
".........In 2009, the Obama Administration's budget outline had recommended a draconian cut in the FY 2011 defense budget. The good news is that the Administration has flinched, proposing a FY 2011 budget of $738.7 billion--$118 billion more that it had proposed in last year's budget. The bad news is that this merely delays the draconian cut. Under the budget outline in the FY 2011 budget, the FY 2012 defense budget would drop roughly $92 billion below the proposed FY 2011 level. This cut is the most important factor contributing to the negative trend of defense spending declining as a percentage of GDP....."
Long but intresting read.
http://www.heritage.org/Research/NationalSecurity/bg2375.cfm
".........In 2009, the Obama Administration's budget outline had recommended a draconian cut in the FY 2011 defense budget. The good news is that the Administration has flinched, proposing a FY 2011 budget of $738.7 billion--$118 billion more that it had proposed in last year's budget. The bad news is that this merely delays the draconian cut. Under the budget outline in the FY 2011 budget, the FY 2012 defense budget would drop roughly $92 billion below the proposed FY 2011 level. This cut is the most important factor contributing to the negative trend of defense spending declining as a percentage of GDP....."
Long but intresting read.