Good news: President Obama has discovered an area of the federal budget where he wants to spend less money. Bad news: It’s defense.
“I am not spending a trillion dollars!” According to Bob Woodward’s new book, “Obama’s Wars,” that’s what the president said when someone raised the subject of a long-term American military presence in Afghanistan. Spending on defense overall, in fact, has slowed considerably, especially when compared to other areas of the budget.
Worse, the president has championed deep cuts in missile defense and signed a New START agreement with Russia that limits our future missile-defense capabilities. This comes amid a looming threat from abroad. According to a new report from the Institute for Science and International Security, North Korea has “moved beyond laboratory-scale work” and has the “capability to build” a highly enriched uranium-producing centrifuge plant. Now, budget-cut proposals usually deserve applause. They’re seldom seen in Washington, where spending is an all-consuming hobby for all too many policymakers. But this interest in fiscal austerity is, unfortunately, rather suspect. It would be more reassuring if it weren’t for a couple of important facts.
For one, President Obama is fully behind a federal budget that would keep the money spigot turned wide open. According to the Congressional Budget Office, his proposed budget for 2011 will add $10 trillion in debt over the next decade. By 2020, the federal government will owe $20 trillion, or $170,000 per American household.
Polls show that many Americans routinely overestimate the amount the federal government spends on defense. It’s much smaller than people realize. Even with the costs of Iraq and Afghanistan, this year the Department of Defense will spend some $720 billion. That sounds like a lot, but it’s only about 4.9 percent of our gross domestic product. It’s well below the average of 6.5 percent since World War II.
Here’s the second fact that helps put the issue in context: National security is one of the first and most important responsibilities of the federal government. It’s right there in Article 1, Section 8 of the Constitution, “The Congress shall have the power to … provide for the common defense.”
Of course, that doesn’t mean policymakers should spend wantonly on any defense program that comes along. But it does suggest that when the government is running full-tilt into deficit territory -- and it certainly is now -- we should check other areas of the budget for savings before cutting into the part devoted to keeping us all alive.
Clinton Foundation: Oh, We Made Additional $12-26 Million From Speeches Given By the Former First Family | Matt Vespa
Friday Document Dump: State Department Releases First Round of Clinton Emails (All 298 Of Them) | Katie Pavlich