The Debate over Defense Spending
Defense spending has been subjected to several rounds of reductions under President Obama, with long-term cuts amounting to roughly $850 billion already.
The U.S. military and America’s national security stands at the brink. This week, a congressional “super committee” was due to develop a plan to reduce the federal deficit by more than $1.2 trillion over the next 10 years. Failing to enact the plan by January 15, 2012, would result in automatic cuts to military spending–a scenario that Defense Secretary Leon Panetta describes as “devastating.”
The super committee’s ability to succeed remains in serious doubt, with reports of its deadlock and failure headlining newspapers this morning. Meanwhile, Republican presidential candidates are set to take the stage tomorrow night at Washington, D.C.’s Constitution Hall in a debate on foreign policy and national security co-hosted by The Heritage Foundation and the American Enterprise Institute. With the future of America’s national security hanging in the balance, the question of which presidential candidate would best protect America has more importance than ever.
In letters sent to Senators John McCain (R-AZ) and Lindsey Graham (R-SC) last week, Panetta detailed the danger of further defense cuts if the super committee fails to meet its target. Panetta said that under the worst-case scenario, “the total cut will rise to about $1 trillion compared with the FY 2012 plan,” which in practical terms means “the smallest ground force since 1940, the smallest number of ships since 1915, and the smallest Air Force in its history.”
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The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, mission is
to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.