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Sunday, July 12, 2020 | History

2 edition of Long-term defense spending found in the catalog.

Long-term defense spending

United States. Congress. House. Committee on the Budget

Long-term defense spending

hearing before the Committee on the Budget, House of Representatives, One Hundred First Congress, second session, February 5 and 8, 1990

by United States. Congress. House. Committee on the Budget

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  • 2 Currently reading

Published by U.S. G.P.O., For sale by the Supt. of Docs., Congressional Sales Office, U.S. G.P.O. in Washington .
Written in English

    Subjects:
  • United States -- Armed Forces -- Appropriations and expenditures

  • Edition Notes

    Other titlesLong term defense spending
    The Physical Object
    Paginationiii, 69 p. ;
    Number of Pages69
    ID Numbers
    Open LibraryOL14652242M


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Long-term defense spending by United States. Congress. House. Committee on the Budget Download PDF EPUB FB2

The task force held a hearing on long-term defense spending, examining allocation of scarce capital resources and coordination of military and. The Overview Book has been published as part of the President’s Annual Defense Budget for the past few years.

From FY to FYOSD published the “Annual Defense Report” (ADR) to meet 10 USC section requirements. Subsequently, the Overview began to fill this role.

Get this from a library. Long-term defense spending: hearing before the Committee on the Budget, House of Representatives, One Hundred First Congress, second session, February 6 and 8, [United States.

Congress. House. Committee on the Budget.]. What is the long-term outlook for defense spending. Defense spending represents about 20 percent of the total federal budget and nearly 60 percent of discretionary spending-- the portion of the.

Discretionary spending has been hit hardest, with defense falling from percent of GDP at the height of the Vietnam War in to percent in Nondefense spending has fallen somewhat more erratically to percent of GDP in after reaching a year high of percent in   Without fixing the long-term imbalance, it is unlikely that the increased spending levels proposed by the House and Senate Armed Services Committee chairs will be sustainable for more than a few years.

Defense officials need to emphasize more strongly the importance of fixing the federal budget, and plan more aggressively for meeting national. Include spending on Iraq and Afghanistan, which would be another $ billion (or a total of $ billion), and overall defense spending would be around % of GDP, the same as However, that 4% funding increase for the Pentagon trails the % overall rise in the budget -- and defense received almost nothing extra in the recent.

Over a year period, a 1% increase in military spending will decrease a country’s economic growth by 9%. Increased military spending is especially detrimental to the economic growth of wealthier countries.

Contemporary Relevance: There is a popular assumption that war, or even increased military spending, will boost a nation’s economy. Lawmakers are considering sharp cuts to defense spending as part of mandated deficit-reduction efforts. This Backgrounder discusses the effects of such major cuts and implications for U.S.

The long-term effects are two-fold: Local defense dependence not only encourages inefficient and unnecessary military spending, but also makes it particularly difficult for Congress to limit or prevent the president’s unauthorized or ill-advised military ventures.

Q: Finally, what do you hope readers take away from this book?.