1/3 of the military budget is paid by debt now.
About half of that is foreign money (and 1/4 ‘created’ by the fed).
That’s bad for the military too.
It would have been wiser take more cuts in domestic programs but with the idiots we have for voters we’ll be doing good if even more cuts aren’t made in the military.
I can't argue with what you said. We have to get our house in order. I remember just a few short years ago, our fiscal problems were miniscule compared to now.
Rep Buck McKeon (R-CA), who chairs he House Armed Services Committee, said this today:
House Armed Services Committee Chairman Rep. Buck McKeon, R-Calif., and Senate Armed Services Committee Ranking Member Sen. James Inhofe, R-Okla., issued a joint statement warning that further defense cuts would equate to using U.S. troops "as a piggy bank to keep unsustainable [domestic] spending programs on life support." "We must be clear," McKeon and Inhofe said. "This approach is neither responsible nor balanced."
Amen.
He's right. I have spoken to my own Congressman over the phone about Buck McKeon (whom he knows very well and works with). McKeon is a good man.
Why can't the rest of the Republican leadership state what McKeon is stating? They did during the campaign we just had.
Now, all of sudden, it's "we don't care?"
I don't know - my guess is they are so discouraged by their lack of progress in reforming entitlements that they have adopted the "Destroy the Village in Order to Save It" strategy. That is a recipe for military, economic, and political disaster.