Journal: Smoke, Mirrors, and Hades Burning on the Hill

This is a great example of the kind of gaming that keeps defense budgets high.  Kudos to Winslow Wheeler for smoking it out. On Dec 3, 2010, at 7:56 AM, Winslow Wheeler wrote: In a midnight switch, the Deficit Commission changed the dividing line between discretionary spending elements.  Was 050 (DOD,DOE, Misc.) versus the rest; …

Reference: Debt, Deficits, & Defense–Sub-Text Bloomberg and Nunn Round Two, 52 Q&A

A new report from the Sustainable Defense Task Force, formed by House Financial Services Committee Chair Rep. Barney Frank (D-MA) identifies reductions in Pentagon spending while maintaining strong defense capabilities as the best response to the nation’s mounting fiscal restraints. These options cover the full range of Pentagon expenditures including procurement, R&D, personnel, operations and …