WeChat QR Code

Home>News Center

(Analysis) The US defense budget once again reaches for historic levels. Why?

2015-02-10 08:33:09       source:The Conversation

By Simon Reich


February 09, 2015


"In his recent budget announcement, President Obama staked out a negotiating position with Congressional Republicans by offering a sense of symmetry: a 7% increase in the military budget to balance out a 7% increase in domestic expenditure.


Characteristically, the Republican leadership pronounced the President's draft proposal dead on arrival. And so began the months of wrangling and posturing."


Read more:


NISCSS does not necessarily share in or endorse the opinions of off-site commentators.