White House Guidance: Increase Pentagon Budget Every Year
Wants Increases Beyond Budget Cap Allowances
The White House has given the Pentagon its “budget guidance” for 2015 through 2019, and unsurprisingly envisions the military’s budget growing every single year by a significant amount.
The most recent omnibus spending bill rolled back nominal sequestration cuts and continued military spending growth, and the new report points to that trend continuing every year.
Though it’s in keeping with administrations always wanting to throw more money at the military, the guidance is noteworthy for openly projecting budgets beyond the budget cap allowances in place.
What it means is that the administration isn’t even pretending that the spending caps are a real thing, and is continuing to operate under the assumption that they can keep throwing money about wherever they want without worrying about Congressional opposition. After the most recent spending bill, that may be a warranted assumption.
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RICinOR
January 25th, 2014 at 8:22 am
The Peace Prize winning President provides guidance on his real priorities, and they don't seem to include even the possibility of peace.
Steve H.
January 25th, 2014 at 12:07 pm
Uncle Sam can dictate ever increasing nominal levels of Pentagon spending, but it cannot control the value of the currency it is using. In fact, it is the reckless "defense" spending, along with the equally irresponsible welfare spending, that is requiring debt monetization via the Fed printing press.
Eventually the poor suckers stuck using worthless Federal Reserve Notes will realize these currency notes are worthless, and then the gig is up. Soldiers paid in worthless script will rebel. Welfare kings and queens will find their government checks don't buy enough. Those lucky enough to have jobs and paychecks will discover their wages are being outstripped by surging prices.
This realization could occur in a matter of weeks, not years. When this dynamic plays out, the American empire goes the way of those empires before it. The falling dollar will eventually spell doom for Pax Americana. It can't come soon enough.