An old Soviet tank rusts away in Afghanistan. (Nothing to do with today.) |
"The Obama administration’s five-year defense plan is putting the Defense Department on a path toward serious budget problems in the future, according to new Congressional Budget Office estimates of long-term defense costs.
"Citing increased costs for operations, support and weapons, a new analysis from the nonpartisan budget office predicts the Defense Department will need a $631 billion base budget in 2015 and a $735 billion budget by 2021. The administration’s five-year defense plan proposes a $611 billion budget in 2015, growing to $694 billion by 2021."I must research this more. If it's true, this is my vote for most under-reported.
I suppose one can say this is just a report, but then, during all the deficit hysteria, the House voted a Pentagon budget of $649B, up $17B. That was in early July, and almost completely unreported!
The recent "debate" and talk of the family budget would make sense if your family had an arsenal in the back yard while the garage and porch were falling in, the house's plumbing and heating needed fixing, and the wiring was frayed and sparking away.
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