Exercise that kind of intellectual leadership on technological questions that deal with future threat. I think its part san that the pentagon is much larger. It has ever service dealing with new dock frin. I dont think congress is that inclined to challenge fundamentally the kind of weapon 178 that Defense Department proposes. I think you know, congress clearly does say we dont like certain things. But its often at the margin. We dont want this, we do want that. Its too early to cut the a10. Im not sure we see too many cases. So theres certainly the possibility for events to dramatically change thinking. It might act through the Defense Department and through the military to step up to the plate. Im not a defense expert, but my experience in agencies across the government is congress is much more likely to cement adherence to the past and change things to the future. All of those members have districts. Its more common than forcing in business. Other questions . Yes, sir . Yes, i have
We have these two binding obligations. To make sure that when they go out there, they have the best equipment. We want to satisfy both all of the time. But were increasingly at the point where its muscling out those other parts of the budget. At an event, recently, undersecretary of defense for president obama. You know she talks about it through her own personal experience. The benefits there are important. And she says that concerns me far more. Im much more worried about having all the right equipment and all the things they need to accomplish the mission and survive and i am about a marginal decrease in the benefit. Thats not often what a congressman is going to hear because theres a huge amount of pressure. They dont want to have their benefits cut. Well leave it on that provocative note. Thank you for getting our conversations started today. My colleagues fpi s around to all of you for joining us. [ applause ] i believed in you. I believed in the power of millions of courageous c
Lenders. I think thats something that id like to talk a little bit about here today because members of our military have to resort to financing from these predatory lenders all too often. We know military Service Members are three times more likely than civilians to use predatory payday loans that charge exorbitant rates. Thats three times the civilians use. The military families carry 10,000 or more in Credit Card Debt compared to 16 for civilian frames. 10 of military families carry more than 20,000 in debt compared to just 7 of the civilian families, and more than half of military Service Members are not saving for the future and have trouble paying their monthly bills. Thats why this morning, i reintroduced my military savings act which is legislation i previously introduced in the house of representatives, and the bill would promote Savings Rates among military Service Members and decrease their need to turn to predatory payday lenders in times of financial crisis. The bill establ
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