It's About Reducing the Debt, Not the Defense Spending
- 8 years ago
It's About Reducing the Debt, Not the Defense Spending
Intelligence Squared U.S. Debates - Ronald Reagan Building Amphitheater
Political gridlock in Washington triggered across-the-board spending cuts, known as the sequester, in March. As a result, the Pentagon was given six months to eliminate $41 billion from the current year's budget, and unlike past cuts, this time everything is on the table. In 2011, America spent $711 billion dollars on its defense-more than the next 13 highest spending countries combined. But the burdens it shoulders, both at home and abroad, are unprecedented. Could the sequester be a rare opportunity to overhaul the armed forces, or will its impact damage military readiness and endanger national security?
Presented in Partnership with The McCain Institute for International Leadership
Intelligence Squared U.S. Debates - Ronald Reagan Building Amphitheater
Political gridlock in Washington triggered across-the-board spending cuts, known as the sequester, in March. As a result, the Pentagon was given six months to eliminate $41 billion from the current year's budget, and unlike past cuts, this time everything is on the table. In 2011, America spent $711 billion dollars on its defense-more than the next 13 highest spending countries combined. But the burdens it shoulders, both at home and abroad, are unprecedented. Could the sequester be a rare opportunity to overhaul the armed forces, or will its impact damage military readiness and endanger national security?
Presented in Partnership with The McCain Institute for International Leadership