MilitarySpending News

MilitarySpending News From AOL News

Opinion: America's Unquenchable Defense Spending

(July 20) -- If there's one issue that seems to unite an increasingly divided and fractured capital, it is the ever-expanding federal budget deficit. Everyone seems wants to curb Washington's appetite for spending. Except one area of the federal budget is seemingly off limits: the $692 billion elephant in the room --...

Gates: $33B Needed ASAP to Keep Military Afloat

(July 14) -- Warning that the military could run out of money as early as next month, the Pentagon is putting pressure on Congress to pass the wartime budget before lawmakers leave for the August break. Defense Secretary Robert Gates was "disappointed that the Congress did not pass the defense supplemental before the July...

Obama Proposes Another Surge in Military Spending

WASHINGTON (Feb. 1) – After moving last year to cancel or scale back some of the military's most expensive weapons programs, the Obama administration announced plans today to continue what has become an era of historic growth in defense spending. New spending blueprints unveiled at the Pentagon would push the U.S....