Congress just passed a near trillion dollar military budget at a time when the United States faces no evident state threats at home or abroad. Ike was right. Illustrating Ike’s prescient warning, Brown University’s respected Watson Institute just released a major study which found that the so-called ‘wars on terror’ in Iraq, Afghanistan, Syria and […]
Trends in World Military Expenditure, 2017…
World military expenditure is estimated to have reached $1739 billion in 2017, the highest level since the end of the cold war. After 13 consecutive years of increases from 1999 to 2011 and relatively unchanged spending from 2012 to 2016, total global expenditure rose marginally in 2017, by 1.1 per cent in real terms. This […]
Winners and Losers from the WHOPPING $1.3 Trillion Omnibus…
Congress is on the verge of passing a $1.3 trillion omnibus that would fund the government through September and provide the biggest federal spending increase in years. The bill is loaded with provisions given its likely standing as the last legislative train leaving the station before the midterms, and members have been scrambling to compete […]
Lawmakers Release Huge Budget; Big Military, Domestic Boosts…
Omnibus Specifically Prevents New Border Wall Designs; Money to Be Spent on ‘Fencing,’ ‘Levees’…
Private-Equity Giants Get a Surprise Win in $1.3 Trillion Spending Bill…
Pentagon to Spend $8 Bln on Boosting Its Military Presence in Asia…
The US Department of Defense (DoD) ostensibly plans to increase its footprint in Asia by allocating nearly $8 billion on modernizing military infrastructure, carrying out more war-games and deploying additional forces to the region. The move comes at a time when Washington’s relations with North Korea have become increasingly strained.
REPORT: Defense Expenditures of NATO Countries (2009 – 2016)…
Mattis: NATO Allies Must Increase Spending or U.S. Will ‘Moderate Its Commitment’…
US Defense Secretary James Mattis delivered an ultimatum to NATO allies during a visit to Europe – increase their military spending, or see America “moderate its commitment” to the alliance. “I owe it to you all to give you clarity on the political reality in the United States, and to state the fair demand from […]