Cut the Dept of Defense by 1 Trillion in the next 10 years
Friday, June 11, 2010 9:39:16 PM
When you think about ways to tame the nation's long-term deficit, what's the first thing that comes to mind? Slashing benefits for the old and sick? Or taking a few whacks at the spectacularly bloated defense budget?
The former option has, somehow, become the default position for Washington's ruling class, including President Obama's deficit commission.
But in April, a bipartisan group of iconoclasts in Congress led by Rep. Barney Frank (D-Mass.) formed their own task force to examine the latter possibility. The group of defense experts released their report on Friday, identifying nearly $1 trillion in defense budget cuts over the next 10 years that could contribute to deficit reduction "while not compromising the essential security of the United States."
Among the possible reductions cited in the report:
• Over $113 billion in savings by reducing the U.S. nuclear arsenal to 1,050 total warheads deployed on 450 land-based missiles and seven Ohio-class submarines;
• Over $200 billion in savings by reducing U.S. routine military presence in Europe and Asia to 100,000 while reducing total uniformed military personnel to 1.3 million;
• Over $138 billion in savings by replacing costly and unworkable weapons systems with more practical, affordable alternatives. Suggested cuts would include the F-35 combat aircraft, the MV-22 Osprey, and the Expeditionary Fighting Vehicle.
• Over $60 billion in savings by reforming military health care; and
• Over $100 billion in savings by cutting unnecessary command, support and infrastructure funding.
From Dan Froomkin at Huffington Post
The former option has, somehow, become the default position for Washington's ruling class, including President Obama's deficit commission.
But in April, a bipartisan group of iconoclasts in Congress led by Rep. Barney Frank (D-Mass.) formed their own task force to examine the latter possibility. The group of defense experts released their report on Friday, identifying nearly $1 trillion in defense budget cuts over the next 10 years that could contribute to deficit reduction "while not compromising the essential security of the United States."
Among the possible reductions cited in the report:
• Over $113 billion in savings by reducing the U.S. nuclear arsenal to 1,050 total warheads deployed on 450 land-based missiles and seven Ohio-class submarines;
• Over $200 billion in savings by reducing U.S. routine military presence in Europe and Asia to 100,000 while reducing total uniformed military personnel to 1.3 million;
• Over $138 billion in savings by replacing costly and unworkable weapons systems with more practical, affordable alternatives. Suggested cuts would include the F-35 combat aircraft, the MV-22 Osprey, and the Expeditionary Fighting Vehicle.
• Over $60 billion in savings by reforming military health care; and
• Over $100 billion in savings by cutting unnecessary command, support and infrastructure funding.
From Dan Froomkin at Huffington Post





