As unemployment benefits are set to expire Saturday for 1.3 million Americans the Congressional Budget Office (CBO) has produced an estimate for the costs of maintaining and modernizing America’s doomsday weapons – $355 billion.
|By: DSWright Thursday December 12, 2013 7:32 am|
Progressives are not the only ones disgusted by the ludicrous military spending in the Ryan-Murray budget deal. Yesterday Rick Santelli – whose outburst over government assistance to homeowners is alleged to have started the Tea Party – hosted David Stockman, the former Office of Management and Budget Director for the Reagan Administration.
|By: Jon Walker Friday April 13, 2012 2:40 pm|
Yesterday North Korea decided to test one of the long range missiles and the result was a disaster for the despots ruling the small impoverished country. The rocket disintegrated soon after it launched. In a rare public admission of failure, the North Korea government admitted the satellite on the rocket had been destroyed.
|By: David Dayen Sunday August 7, 2011 6:14 pm|
There’s a lot of talk about defense budgets, and some internal squabbling between Congressional liberals and Leon Panetta over balancing cuts to the military with cuts to the safety net. But I think some of this misses the larger point, that the budget that needs to be put under control is the largely secretive one, the budget of the intelligence agencies. Because it’s pretty clear that warmaking capabilities are being moved out of the Defense Department and into covert ops.
|By: Sharon Weinberger Sunday January 16, 2011 1:59 pm|
“A detailed accounting of all of Lockheed Martin’s government contracts could fill several large volumes,” writes William Hartung, in his new book Prophets of War, a history of the nation’s largest defense contractor. “Suffice it to say that they are involved at one level or another in nearly everything the federal government does, from providing instruments of death and destruction to collecting taxes and recruiting spies.”
For those who have followed the defense industry for years, that statement is no revelation, but for the vast majority of the American public, the notion that the maker of the radar-evading F-22 Raptor aircraft has also been involved in sorting the mail is both surprising, and important.
|By: Jane Hamsher Wednesday January 5, 2011 9:30 am|
The Defense Department’s annual budget is a phantom figure, falling far short of what we truly spend on defense. It doesn’t include either supplemental appropriations, or money allocated to defense by other departments.
But in trying to come up with a true figure, what should be included?