Page 2 - Erica Fein News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Tracing origins of America s war addiction
theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.
House Vote Tees Up Congress To Revoke Iraq War Authorization
huffpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from huffpost.com Daily Mail and Mail on Sunday newspapers.
The Nation, check out our latest issue.
Subscribe to
Support Progressive Journalism
The Nation is reader supported: Chip in $10 or more to help us continue to write about the issues that matter.
Sign up for our Wine Club today.
Did you know you can support
The Nation by drinking wine?
Robert Reich knows a thing or two about federal budgets, and the economist who has served in three presidential administrations says there is something wrong with Joe Biden’s plan to increase Pentagon spending above the levels proposed by former President Trump.
“The Pentagon already spends: $740,000,000,000 every year, $2,000,000,000 every day, $1,000,000 every minute,” says the former secretary of labor. “The last thing we need is a bigger military budget.”
While the administration proposes a budget,
it is up to Congress to fund the government, and lawmakers routinely deviate from, or sometimes simply ignore, presidential budget requests.
A $753 billion defense budget would be a modest increase over this year s $740 billion, as would a $715 billion Pentagon budget compared to this year s $704 billion.
The increases roughly reflect the rate of inflation, likely not enough to appease Republicans who have been pushing Biden to increase the budget by 3 to 5 percent over inflation. That s the amount of annual increases officials early in the Trump administration said would be necessary to properly fund a strategy that
vimarsana © 2020. All Rights Reserved.