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cal04

(41,505 posts)
Sun Aug 26, 2012, 12:54 AM Aug 2012

How Mr. Romney Would Force-Feed the Pentagon

Mitt Romney and Paul Ryan are portraying themselves as lionhearted budget-cutters, ready to slice out profligate spending in all sorts of government programs and services and lead America to lower taxes and lower deficits. Many experts say their numbers don’t add up, even if they were to impose all the cuts they want.

Yet none of that philosophy seems to apply to the defense budget — which accounts for roughly half of all federal discretionary spending.

Instead of proposing sensible and necessary reductions, they would throw more money at a Pentagon that has had a blank check for more than a decade. The base budget for 2013 — not including war-related costs — is projected at $525 billion, up roughly 34 percent from 2001. By 2022, Mr. Romney’s plan would increase annual spending to $986 billion, according to an analysis by Travis Sharp of the Center for a New American Security.

The centerpiece of Mr. Romney’s proposal is a promise to spend at least 4 percent of gross domestic product on military personnel, procurement, operations and maintenance, and research and development. That would add as much as $2.3 trillion to the defense budget over 10 years from projected 2013 spending levels, according to Mr. Sharp’s analysis.


http://www.nytimes.com/2012/08/26/opinion/sunday/how-mr-romney-would-force-feed-the-pentagon.html?partner=rss&emc=rss

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How Mr. Romney Would Force-Feed the Pentagon (Original Post) cal04 Aug 2012 OP
Shades of Ronald Reagan! Remember $10,000 toilet seats? Viva_Daddy Aug 2012 #1
And the hammers GP6971 Aug 2012 #2
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