These revenue-raisers and spending cuts would narrow the federal budget deficit by $881 billion per year, nearly eliminating it altogether.
We’re Not Broke
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budget
New Economy Transformation: Obama Budget Won’t Help
The military spending cut is real for the first time, but only about 1% of the Pentagon’s total.
Military Spending is the Weakest Job Creator
A study commissioned by the largest defense industry trade association says that military spending creates jobs. The facts, however, indicate otherwise.
Report of the Task Force on a Unified Security Budget for the United States
The U.S. needs to repair the extreme imbalance in our security spending to strengthen our non-military security tools. This year’s Unified Security Budget would create that balance by getting serious about waste, reviewing roles and missions, and reforming the budget process.
85 Percent? How Do You Figure, Mr. Ryan?
After promising his budget proposal would stick closely to the bipartisan deficit reduction commission’s recommendations, his actual blueprint looks like a work of ideological posture of his own creation.
A Military Budget on the Wrong Side of History
The Obama administration is scrambling to get on the right side of history. It has a lot of ground to make up. History is mostly judging the United States these days for launching, and now perpetuating, the longest wars in our history.
Military Spending Cuts: Depends on what the Meaning of ‘On the Table’ Is
The budget Obama will present to Congress next week will likely begin what the Pentagon is billing as $78 billion in cuts to its budget over five years. In fact these are cuts to their plans for expansion, i.e., slowing a proposed increase is being defined as a cut.
A Way Forward: Reexamining the Pentagon’s Spending Habits
The U.S. has spent a trillion dollars since 2001 on military operations in Iraq and Afghanistan. Now, it is being estimated that another $800 billion plus will be added to the tab before the wars are ended, yet it’s questionable what the return on that investment is. New ideas and new perspectives are needed to rebalance a deeply dysfunctional system.
Obama Boosts Nukes
On February 1, the Obama administration delivered a budget request calling for a full 10 percent increase in nuclear weapons spending next year, to be followed by further increases in subsequent years.
The Grinch Who Stole Our Future
The Bush administration released its fiscal year (FY) 2009 $3 trillion budget request on Monday, February 5. As Congress excavates through the President Bush’ proposed budget looking for specks of political gold in this election year, something very real, very threatening, and very consequential is buried throughout the thousands of pages of the budget–and that is, how it will simply screw an entire generation.