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
Other Defence News
- Team K-MAX Demonstrates Successful Unmanned Helicopter Cargo Resupply to U.S. Marine Corps
- Parliamentary Secretary launches the 2010 Australian Defence Force Parliamentary Program
- Raytheon Awarded US$58 Million for Patriot Tactical Missile Upgrades
- U.S. Air Force Selects IBM to Design and Demonstrate Mission-Oriented Cloud Architecture for Cyber Security
- Northrop Grumman Reports Fourth Quarter and 2009 Financial Results
- Lockheed Martin Awarded $30.8 Million To Develop Next Phase of National Cyber Range
- U.S. Air Force Awards Raytheon $170 Million Contract for Infrared-Guided Maverick Missiles
- Egyptian Air Force Selects Pratt & Whitney F100-PW-229 Engine Enhancement Package Engine to Power New Fleet of F-16s


Bookmark with: