Posted on 02/26/2014 2:54:39 PM PST by SkyPilot
As the Obama administration announces proposed sweeping defense cuts, a Congressional Budget Office report documents how increases in other areas of domestic spending may be forcing the White House to reduce money for the military.
The CBO report finds that mandatory spending, which includes Social Security, Medicare and Medicaid, is projected to rise $85 billion, or 4 percent, to $2.1 trillion this year.
Interest on the debt is worse. It is projected to increase 14 percent per year, almost quadrupling in dollar terms between 2014 and 2024. "We are going to be spending more in interest in a couple of years then we do on national defense," House Armed Services Committee Chairman Buck McKeon, R-Calif., told Fox News.
The Obama administration acknowledges the defense cuts are controversial but maintains they are being done with a specific intention:"...in order to sustain our readiness and technological superiority and to protect critical capabilities like special operations forces and cyber resources," Secretary of Defense Chuck Hagel told reporters Monday.
Rep. Chris Van Hollen , D-Md., told Fox News the draw down from two wars is a logical time to save defense money. "We do not need for the defense of our country to be able to have a defense doctrine that calls for fighting two land wars at the same time," he said.
But history is filled with hard lessons in disarmament. Churchill warned a pacifist Britain, worn out from massive loss of life in World War I, of its unpreparedness for war with Germany as early as 1934. In 1936, he said in a speech to a disinterested Parliament, "A lack of clear thinking, confusion of counsel until the emergency comes... until self-preservation strikes its jarring gong... these are the features which constitute the endless repetition of history."
(Excerpt) Read more at foxnews.com ...
This nation is in great, great danger.
CBO sticks another finger in Obama’s eye
Obummer is putting his signature legacy making program above National security. He knows he will not have the numbers signed up to make the program fiscally viable so he is stabbing our military in the back again to fund it.
This was the whole point behind running up the debt.
The left wanted to weaken us internationally, because they believe all problems are caused by the US, and the way to do so is to make us cut defense spending by running up so much debt that the interest payments chew up more and more of our budget.
That was all planned.
Let's have a quick look, shall we?
We have a communist community organizer for President - a real idiot who is Vice President - a drunk for SecDef - an obstructionist socialist for Majority Leader in the Senate with a spineless pantywaste pushover who is the Senate Minority Leader. Over in the House we've got a spineless drunk pushover as the Majority Leader and another real idiot who is Minority Leader.
These people are leading the country - what could go wrong?
nah, say it isn’t so!!! /sarc
I called the local Chevy dealer and told them I was going to come down and buy a Volt when I get my government check for the War On Poverty Peace Dividend.
Huh?
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