posted in:

Bush Authorizes Record $611 Billion Defense Budget

Friday, Oct 24, 2008

Last week, Bush signed the 2009 Defense Authorization Act, allowing $611 billion to be spent this fiscal year on defense. Though the number was not a surprise - the money in the bill had already been appropriated over the last few months - this bill makes it official, placing ceilings on spending, granting authority on who gets to spend what, and nailing the 2009 defense budget into place. It is the highest defense budget since World War II, and Pentagon officials estimate that it will increase by $450 billion over the next five years. Coming in the midst of global economic chaos, the defense authorization bill casts a sharp light on the U.S.'s budgetary priorities.

A report by the nonpartisan think tank Foreign Policy in Focus (FPIF), released in late September, notes that an increasing number of experts, both inside and outside of government, have favored a rebalancing of defense funds: spending less on military projects and more on nonmilitary, preventative security efforts. The FPIF report, titled ""A Unified Security Budget,"" outlines $61 billion that could be trimmed from military programs without compromising national security. Even Defense Secretary Robert Gates has encouraged this mentality, stating last November, ""Funding for non-military foreign affairs programs … remains disproportionately small relative to what we spend on the military.""

Yet, the Bush administration's 2009 defense budget actually increased the imbalance between military and nonmilitary spending, and, as the fiscal year's budget is finalized, Congress has done little to alter the administration's plans.If public opinion had its way, Congress would rein in the military budget, according to Kate Gould, legislative program assistant at the Friends Committee on National Legislation, citing a February 2008 Gallup poll.

""A majority of Americans who identify as both Republicans and Democrats believe that military spending should be capped at current levels or cut - and those polls were taken before the financial crisis captured global attention,"" Gould told Truthout. However, she noted, both presidential candidates support an increase in military spending, and Congress has consistently approved the Bush administration's bloated defense budgets, year after year.

 

Source: Free Internet Press

posted in:

Other Defence News

Advertisers