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(Gallup)

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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

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« Bringing Down the House | Main | The Myth Dies »
Thursday
Jul192012

House Shaves Defense

DateThursday, July 19, 2012 at 9:20PM | AuthorBFAD

Whoa.  We've been claiming prescience in seeing the defense builddown for quite a while.  And had noted that despite all the rhetoric, the House--the big spenders on defense this year--was only keeping the topline flat.  But the House has gone even further than we expected.  

Tonight, the House passed the Mulvaney-Frank amendment, which cut $1.1B from defense appropriations.  That's not a big swing in a $530B budget.  But it's still a move down, and from the side that was supposed to be the big spenders, suggesting that declining defense spending is less partisan than conventional wisdom would suggest.

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