Returning to Peacetime, Impact on the Federal Budget
As a follow-up to the post from earlier in the week, Time to End the War in Afghanistan, I offer Returning to Peacetime...a white paper* by local Sacramento policy idea guy, Devin Lavelle. He argues that reducing U.S. military spending to pre-9/11 levels -- a reduction of about $385 billion a year from what we spend now -- would take care of a significant piece of the U.S. budget deficit, the issue that now roils Washington D.C., global financial markets and cable televisions political talk shows.
Big bankers, heads of major corporations, Wall Street financiers and a significant number of national elected officials now claim the US deficit is the single greatest problem facing the American economy and our collective future. They are behind various plans to severely slash government spending on social services and even Social
Big bankers, heads of major corporations, Wall Street financiers and a significant number of national elected officials now claim the US deficit is the single greatest problem facing the American economy and our collective future. They are behind various plans to severely slash government spending on social services and even Social