Tuesday, July 19, 2011

How Is The U.S. Defense Budget Shaping Up For The Future

Two US Air Force F-22 Raptor stealth jet fighters fly near Andersen Air Force Base in this handout photo dated Aug. 4, 2010. The US military has essentially the same size, force structure and capabilities as it did a decade ago but costs 35 percent more, an independent public policy think tank said on Monday.

Special Report: DoD’s Budget Quandary -- DoD Buzz

There’s no end in sight to the apocalyptic tenor of Beltway defense news and, if anything, it could keep getting worse. Todd Harrison, a defense budget analyst at the Center for Strategic and Budgetary Assessments – who you also heard from last week – briefed reporters Monday on his new report on the fiscal 12 defense budget, including DoD’s future prospects, and the outlook for the military-industrial complex is bleak.

Today we take a special extended look at this situation, dispensing with the blog post format for the moment in favor of something like an essay, to try to take half a step back and a look at the bigger picture.

Read more
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More News On The U.S. Defense Budget

U.S. pays a third more for defense as in 2001 - analyst -- Reuters
The 2012 Defense Budget Is The Highest Since World War II -- Business Insider
‘US pays a third more for defense as in 2001’ -- Today's Zaman
Pentagon Should Cut Bloated Head Count, Not Weapons Programs -- Forbes
Why defense spending keeps rising. (Hint: It's not just the wars.) -- Christian Science Monitor
The Defense Death Spiral -- Time

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