Monday, February 27, 2017

President Trump Is Proposing A 10% Increase In Defense Spending



Washington Post: Trump to propose 10 percent spike in defense spending, massive cuts to other agencies

President Trump will propose a federal budget that dramatically increases defense-related spending by $54 billion while cutting other federal agencies by the same amount, according to an administration official.

The proposal represents a massive increase in federal spending related to national security, while other priorities, especially foreign aid, will see significant reductions.

According to the White House, the defense budget will increase by 10 percent. But without providing any specifics, the administration said that most other discretionary spending programs will be slashed to pay for it. Officials singled out foreign aid, one of the smallest parts of the federal budget, saying it would see “large reductions” in spending.

It is the first indication of spending priorities by the new administration, with the president set to arrive on Capitol Hill Tuesday night for a joint session speech to Congress. But the full budget negotiations between Trump and Congress will not be complete for many months.

Read more ....

WNU Editor: I am surprised by this number. This is an increase far beyond what I had expected. Congress will still have to sign onto it .... and there are many variables that may change this final number. But what bothers me is that before committing to such a massive increase .... a debate on what should be America's national security priorities and focus should be done first .... and after that a discussion on how make a budget that will reflect these priorities. Stating a budget number .... and then go about blindly meeting it .... is what has been done in the past .... and it has not helped U.S. security nor has it helped America's finances.

On a side note .... expect concerns on this 10% defense budget increase from Moscow and Beijing being voiced in the coming day or two.

More News On President Trump  A 10% Increase In Defense Spending

Trump seeks 'historic increase' in U.S. defense spending, cuts elsewhere -- Reuters
White House: Trump budget will hike defense spending by $54B -- AP
Trump to Propose 10% Defense Increase in Budget Plan, Aides Say -- Bloomberg
Trump's first budget proposal will call for $54 billion increase in defense spending -- CNBC
Trump plots big increase in defense spending -- AFP
White House budget guidance calls for $54B defense bump, domestic cuts -- Politico
Donald Trump to Propose $54 Billion Increase in Military Spending -- WSJ
Trump wants to add $54 billion to defense budget while slashing domestic spending and foreign aid -- L.A. Times

3 comments:

Ron said...

Always negotiating.

Open with a high opening bid, and settle on something agreeable.

It's in the Art of the Deal

Aizino Smith said...

A civil engineer once told me he made an offer to do work at an airport in the Midwest.

His 1st offer was accepted without hesitation and in that moment he knew he had undersold his services.

Open high and haggle.

Jac said...

James Mattis has already said that the first thing to do is to fix what it is already existing in a bad shape and that's urgent. (just an example: 2/3 of our F/A 18 cannot fly because lack of maintenance because lack of money. That's make some aircraft carrier useless)