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7/16/11

US Economy: Pentagon's budget spending amounts to more than all other federal agencies combined:

The Tea Party Republican majority passed a $17 billion increase to the defense budget while slashing funding for everything else. At $649 billion, the Pentagon's budget amounts to more government spending than all other federal agencies combined. This price tag also accounts for over 50 percent of all unrestricted spending in the federal budget. In fact, this level of spending approaches 45 percent of global defense spending, almost as much as every other country on the planet combined!

Tea Party Republicans talk endlessly about deficit reduction, cutting government spending, shrinking government, and cutting investments benefiting middle and low-income families, but defense spending continues to grow.

Tea Party Republicans claim defense spending increases are essential for national security. But Chairman of the Joint Chiefs of Staff Admiral Mike Mullen doesn't agree. He believes the Pentagon has not been forced to cut unnecessary or ineffective spending. Earlier this year, Chairman Mullen said, "…with the increasing defense budget, which is almost double, it hasn't forced us to make the hard trades. It hasn't forced us to prioritize. It hasn't forced us to do the analysis. And it hasn't forced us to limit ourselves…"

The latest debate on defense spending should be a wake up call for America. Without support for reduction in defense spending, it will be almost impossible to put the country back on a sustainable fiscal course.

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