Search

 

Disclaimer 

In October 2012 our shortened URL (www.thewillandthewallet.org) expired and was purchased by spammers before we were able to reclaim it. Part of their misuse includes redirecting this URL to an imposter site that has advertisements posted in the comment boxes. Stimson is working to take down that site and reclaim the domain name. In the interim, please update your bookmarks accordingly to www.thewillandthewallet.squarespace.com. Thank you all for your patience as we work through this issue.

Picture This

(Gallup)

Wordwise

Anyone who has heard President Dwight Eisenhower's 1961 farewell address knows that there is a political nexus that links the Defense Department to its contractors. But Ike conveniently left out the middle player who makes the game possible: Congress.

Gordon Adams, Foreign Policy

« Quality, Not Quantity | Main | The Sequestration Sideshow »
Thursday
Jun282012

Not So Automatic

The defense industry, Pentagon officials, and members of Congress have been predicting all manner of nasty consequences if defense budget sequestration happens as planned next January. Our own Gordon Adams’ recent column for The Hill, however, puts these concerns in perspective:

What Congress makes it can unmake, and unmake it Congress will after the election, carving out a new short-term deal from the many issues on the table: the debt ceiling, tax cuts, a doctors’ payment fix, the alternate minimum tax, payroll taxes. Congress will boot sequester down the road, and continue to argue.

As we pointed out last year, four of the five previously planned sequesters have been eliminated or scaled back. This time, Congress might prove slow to act and do little more than put the issue off for another year. Nonetheless, don’t hold your breath waiting to see the dreaded “meat-ax” of sequestration come slicing down on the defense budget in January.