Thursday, November 18, 2010

A Second Group of Experts Calls for Cutting Military Programs to Lower U.S. Debt

A bipartisan group of budget experts are putting the pressure on the Pentagon to reduce the spendings and reduce weapon programs. If this proposed five year plan to freeze Pentagon spendings, it would save $5.9 trillion dollars by 2020.
“Would this be easy? No,” said Gordon Adams, a professor at American University who led a team that prepared the group’s recommendations on military spending.
But given that the Pentagon accounts for more than half of the government’s discretionary spending, “We think it’s a reasonable plan,” he said.
Although its an on going debate about who's the problem, I believe that even though this will cut down the defense budget its a step in the right direction. If we continue on this path we can slowly work our way out of this deficit.

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