The U.S. Defense Budget Will Decline Steadily In The Years To Come

Pentagon Budget Drop Anticipated -- The Hill

Congressional budget experts predict defense spending will decline steadily as a share of the U.S. gross domestic product, dipping below 3 percent by 2028.

The projection comes as senior defense authorizers from both parties raise concerns about budget constraints shaping Pentagon spending in fiscal 2011 and several years beyond.

“The picture is not a pretty one,” Rep. Ike Skelton (D-Mo.), the chairman of the House Armed Services Committee, said in his opening statement Wednesday at a hearing on future defense budgets.

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My Comment: Bottom line .... the Pentagon is going to get less in the years to come.