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US military spending News

US House Committee unveils $696.5 billion military spending bill

Washington - The House Armed Services Committee has unveiled a new military spending bill of $696.5 billion just a few days after chair Marc Thornberry announced that there was to be a bill of $640 billion.

Op-Ed: Trump bills Germany $490b for NATO ‘debt’. WRONG

Berlin - Donald Trump’s obscure logic for all things has reached a milestone at NATO. Trump handed Chancellor Merkel a ‘bill’ for $490 billon for America’s contribution to Germany’s defence. This was sublime unreality at its least impressive.

Op-Ed: Trump to feed U.S. military-industrial complex, starve others

Washington - President trump has proposed increasing the U.S. military budget by $54 billion to over $600 billion a ten percent increase but will decrease spending in other agencies to match the increased expenditures,

U.S. still biggest military spender but Saudi Arabia in third

Stockholm - The Stockholm International Peace Research Institute(SIPRI) estimates global military spending at $1.7 trillion for the year 2015. This is the first year-on-year increase since 2011.

Op-Ed: Defense Industry pessimistic about avoiding fiscal cliff

Washington - The defense industry may be becoming more pessimistic about a deal to avoid the fiscal cliff before the end of this year. They are also annoyed that they are sidelined during talks.

Survey shows 76% of Americans support military budget cuts

Washington - While U.S. Defense Secretary Panetta and military supplier Lockheed Martin Corp. warn of cuts to the military budget, a recent survey shows that 76 per cent of Americans support cuts.
 

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