Home > American Racket. Debt Deregulation, Bubbles, Bailouts and GoldplatedLies > Why We Must Reduce Military Spending. A Bipartisan Comment

Why We Must Reduce Military Spending. A Bipartisan Comment

From HuffingtonPost

By Rep. Barney Frank & Ron Paul.

“As members of opposing political parties, we disagree on a number of important issues. But we must not allow honest disagreement over some issues to interfere with our ability to work together when we do agree.

By far the single most important of these is our current initiative to include substantial reductions in the projected level of American military spending as part of future deficit reduction efforts. For decades, the subject of military expenditures has been glaringly absent from public debate. Yet the Pentagon budget for 2010 is $693 billion — more than all other discretionary spending programs combined. Even subtracting the cost of the wars in Iraq and Afghanistan, military spending still amounts to over 42% of total spending.”

To read the entire post click here.

And here is another bipartisan view as Rep. Alan Grayson quotes Dwight Eisenhower.

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