Posts Tagged ‘Pentagon Budget’
Fighting Wars Is Not A Cheap Proposition
WASHINGTON — Like everything else, war is a lot more expensive than it used to be.
The conflicts in Iraq and Afghanistan have cost Americans a staggering $1 trillion to date, second only in inflation-adjusted dollars to the $4 trillion price tag for World War II, when the United States put 16 million men and women into uniform and fought on three continents.
Sticker shock is the inevitable first reaction to the latest statistics on the costs of all major United States wars since the American Revolution, compiled by the Congressional Research Service and released late last month, and the figures promise to play into intensifying political and economic pressures to restrain the Pentagon budget.
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My Comment: Not fighting them can eventually be even more expensive.
Update: Pentagon Getting Ready For Budget Cuts And
WASHINGTON — After nearly a decade of rapid increases in military spending, the Pentagon is facing intensifying political and economic pressures to restrain its budget, setting up the first serious debate since the terrorist attacks of 2001 about the size and cost of the armed services.
Lawmakers, administration officials and analysts said the combination of big budget deficits, the winding down of the war in Iraq and President Obama’s pledge to begin pulling troops from Afghanistan next year were leading Congress to contemplate reductions in Pentagon financing requests.
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Pentagon Budget Could Be Target For Cuts — NPR
Efficiency Experts Take on the Pentagon — Wall Street Journal
Democrats in Congress move to get their pound of flesh from the military while they still have time — Military & Aerospace
Business Board: Close U.S.



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