Good morning. I am the director here in brookings but i want to welcome everybody to the event today. How much money for defense is enough . This event began with a call i got from someone i respect he said to me, simply, how do we decide how much money the u. S. Should spend on defense . I know a bit about the federal budget, but i have to confess, im a lot more comfortable talking about things like Social Security, low Income Home Energy assistance programs, the state and local Tax Deduction and about the Defense Budget. So i called michael hamlin, my colleague here, and i put the question to him. How much of the u. S. Spent on defense. Mike said, funny last, i just finished a 20,000 word answer to that question. So here we are. You could read it on her website, but he promised me he wont try to read them all today. I want to start today with a question i can answer. How much the u. S. Spent on defense. The short answer is, we spend a lot on defense. There are lots of ways to measure
A live look at the white house. Where most away from President Biden and try to address to the nation. Goode mo evening from washingto im Prebret Baier peter olivi, Martha Maccallum people obviously this is an important moment for any president when i is an Oval Office Address as we will speak to the nation. He will make his case for a number of things. He is going to lay out additional aid for this fight i f will layoraelisrael, also fog ukraine. Bre that was the original roadmap and speech in a partner israel is a big part of the mix people and also humanitarian assistanc for the residents of gaza. President biden. Speaker2 nation from the oval office. We have f cover tonight. Rick keene, dana perino anred h for jr. Will have an ounce of the president s speech. We also have john roberts in Jerusalesideeahe Nto M and peter doocy at the white house. Start over there going to th white house with peter doocy on the north lawn. Good evening, peter. F back to you. It will be interesting to
Stop. When push comes to shove, speaker spent six months think im going to secure the border, i will demand it and then walks away from the promise. Standing with people touting hamas or not saying released the survivors and everything is wrong with Governor Newsom and if you look at the state and status were everything is. President ial candidate in the United States of america i do think you will have a netanyahu of a judge issue a gag order and then do something that federalized the guy. You got to be kidding me. Im not sure the significance of every dog hasnt but we will get to it in the next hour. 11 00. Its tuesday april 23 and thats a rally. As a lot of selling recently, a lot of buying so nice bounce, up to 30 on the doubt. Nasdaq up to 21 points. Chummy big tech, im sure they are mostly higher, maybe not all but mostly. Medical microsoft collectible amazon all on the upside. Look at the ten year treasury, the guilt is coming out of it below for 60. I noticed the yield on the t
I want to welcome everybody to the events today. How much money for the defense is enough . This began with a call i got from someone i respect who said toyo me simply how do we decide how much money the u. S. Should spend. I have to confess im more i ame comfortable talking about things like Social Security, the opportunity and about the defensee budget. I called my colleague here at brookings and i put the question to him how much should the u. S. Spend on defense and he said funny you asked i just finished an answer to that question so here we are and you can read all 20,000 words on the website but he wont try to read them all today. I want to start with the question i cant answer how much did the u. S. Spend, so can we get the first slide. The short answer is we spend a lot on defense. Theres lots of ways to measure but letsd start with a few basics. This is a pie chart that shows how we spent the federal budget in the last fiscal year about 900 million on defense roughly one out
I want to welcome everybody to the events today. How much money for the defense is enough . This began with a call i got from someone i respect who said toyo me simply how do we decide how much money the u. S. Should spend. I have to confess im more i ame comfortable talking about things like Social Security, the opportunity and about the defensee budget. I called my colleague here at brookings and i put the question to him how much should the u. S. Spend on defense and he said funny you asked i just finished an answer to that question so here we are and you can read all 20,000 words on the website but he wont try to read them all today. I want to start with the question i cant answer how much did the u. S. Spend, so can we get the first slide. The short answer is we spend a lot on defense. Theres lots of ways to measure but letsd start with a few basics. This is a pie chart that shows how we spent the federal budget in the last fiscal year about 900 million on defense roughly one out