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Defense spending News

Lawmakers reach agreement on spending level as deadline nears

Negotiations on a package of spending bills to fund the federal government have produced a key breakthrough, though considerably more work is needed to wrap up the long-delayed measures.

Op-Ed: Longest Dow winning streak in 30 years with Trump speech tomorrow

As measured by the key U.S. Dow Jones Index of U.S. stocks, Trump policies appear popular with investors. However, his speech to Congress tomorrow will reveal whether U.S. stocks continue their record climb.

Saudi Arabia becomes the leading importer of arms

According to a recent report, Saudi Arabia surpassed India as the leading importer of arms in 2014. The U.S. kept its spot as the top exporter of arms, bolstered by exports to Middle Eastern countries concerned about increased instability in the region.

Op-Ed: 'Abolish West Point' prof actually condemns all higher education

West Point - In a controversial article in Salon, a U.S. Naval Academy professor argues that we should end our current use of the U.S. service academies (the U.S. Military Academy at West Point, the Naval Academy, the Air Force Academy, and the Coast Guard Academy).

Op-Ed: LA gov. Bobby Jindal talks tough on defense in risky 2016 opener

As the crop of 2016 presidential election Republicans begins chest-thumping, Louisiana governor Bobby Jindal appears to leap into the fray by criticizing President Obama's foreign policy and calling for increased defense spending. It's a risky opener.

Op-Ed: The Price of Freedom — What are we sacrificing now?

The proposed budget cuts by the Secretary of Defense are nothing more than a red herring from an administration with out of control spending habits, desperate to make the Affordable Care Act work, and a habit of targeting the military.

Cyber attack biggest threat to US, say security heads in new poll

Washington - Cyber-warfare is the most significant threat to the United States, say almost half the respondents, all leaders in the field of US national security, in a new poll, carried out by specialist defense publication Defense News.

Economic contraction shadows Obama's reelection

Washington - While the Obama administration touts gun control and seeks to relax immigration laws, the U.S. economy recorded its first contraction of economic growth in over three years.

Op-Ed: $631 billion defense spending bill passes U.S. Senate 98 to 0

Washington - On December 4, the U.S. passed the massive National Defense Authorization Act (NDAA). As well as authorizing $631 billion in spending, the bill included new sanctions against Iran and a permanent ban on transfer of Guantanamo detainees to the U.S

Op-Ed: The economic costs of the U.S. permanent war economy

Washington - Cuts to defense spending are often criticized as leading to lost jobs and less security. However, little attention is paid to the economic costs of what has now become a permanent war economy in the U.S.

Op-Ed: Ahmadinejad and asteroids — The case for U.S. defense spending

With the unfortunate array of threats facing the United States, its allies, and the planet itself, it is a mistake to believe that the American government will - or even should - reduce its defense investments meaningfully.

Op-Ed: America — The real Lord of War

No other nation offers a remote threat to America’s global military dominance, yet the nation spends nearly as much as the rest of the world combined on defense. The U.S. is in an arms race, but against whom?

Ron Paul issues new advertisement, sees gains with Conservatives

With Herman Cain gaining influence among Republicans and Mitt Romney announcing his intention to increase defense spending, Ron Paul released a new television ad prioritizing defense spending at American borders.

Op-Ed: Debt ceiling talks a game of cat and mouse for Obama and Boehner

Washington - In what has to be described as the most pathetic displays of political leadership, President Barack Obama and House Speaker John Boehner continue engaging themselves in a cat and mouse game, all while showing what rats they truly are.

Report: Pentagon pays billions to fraudulent defense contractors

Washington - A new report shows the US military paid out $285 billion in taxpayer dollars between '07 and '09 to over 100 defense contractors identified either as "criminally convicted of fraud" or involved in judgments, settlements, debarments and suspensions.

President Arroyo Signs 2010 Philippine Budget Special

MANILA – President Gloria Macapagal-Arroyo signed today the 2010 national budget, which pegs this year’s government spending at P1.541 trillion ($32.8 billion, U.S.), up by eight percent compared to last year’s general appropriation.

Obama Signs Loaded Defense Bill Full of Non-Defense Items

President Obama promised transparency, he promised not to cave in to special interest groups, and he promised to cut pork barrel spending.

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U.S. Secretary of State John Kerry speaks with Defense Secretary Chuck Hagel before the two addresse...
U.S. Secretary of State John Kerry speaks with Defense Secretary Chuck Hagel before the two addressed the nation's top military commanders at the Pentagon on January 16, 2014. [State Department photo/ Public Domain]
U.S. Dept. of State
Discretionary spending for FY2011.
Discretionary spending for FY2011.
Chart courtesy National Priorities Project, Inc.

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