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(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:
http://theconversation.com/the-us-defense-budget-once-again-reaches-for-historic-levels-why-37321

 

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