Tag: use of our money
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Given our financial problems - deficit, trade-balance, currency-parity, human needs, infrastructure, etc. Do you agree we should drastically cut our military spending? If not, how would you meet our needs?
Asked by: gary knott from Silver Spring, MD. Received 1 Vote.
Listen to: U.S. Sen. Judd Gregg (R-NH)
Well, to begin with the military spending as a percentage of the federal budget is less than it used to be. The biggest part of the federal spending is entitlement spending, that’s 60 percent and military spending represents about 15 percent. So I would think their question should have been: “Should we cut domestic spending in non-military accounts?” Since the first obligation of a federal government is to defend the country.
Matt Laslo: But it seems like everyone is afraid of entitlements – do you see any political will…?
Answered on Jun 24th, 2008 More




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