The $650 Billion Bargain

The $650 Billion Bargain
Author :
Publisher : Brookings Institution Press
Total Pages : 162
Release :
ISBN-10 : 9780815729587
ISBN-13 : 0815729588
Rating : 4/5 (87 Downloads)

Book Synopsis The $650 Billion Bargain by : Michael E. O'Hanlon

Download or read book The $650 Billion Bargain written by Michael E. O'Hanlon and published by Brookings Institution Press. This book was released on 2016-08-23 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S. defense spending isn’t excessive and, in fact, should continue to grow because it’s both affordable and necessary in today's challenging world. The United States spends a lot of money on defense—$607 billion in the current fiscal year. But Brookings national security scholar Michael O'Hanlon argues that is roughly the right amount given the overall size of the national economy and continuing U.S. responsibilities around the world. If anything, he says spending should increase modestly under the next president, remaining near 3 percent of gross domestic product. Recommendations in this book differ from the president's budget plan in two key ways. First, the author sees a mismatch in the Pentagon’s current plans between ends and means. The country needs to spend enough money to carry out its military missions and commitments. Second, O'Hanlon recommends dropping a plan to cut the size of the Army from the current 475,000 active-duty soldiers to 450,000. The U.S. national defense budget is entirely affordable—relative to the size of the economy, relative to past levels of effort by this country in the national security domain, and relative, especially, to the costs of failing to uphold a stable international order. Even at a modestly higher price, it will be the best $650 billion bargain going, and a worthy investment in this country’s security and its long-term national power.


The $650 Billion Bargain Related Books

The $650 Billion Bargain
Language: en
Pages: 162
Authors: Michael E. O'Hanlon
Categories: Political Science
Type: BOOK - Published: 2016-08-23 - Publisher: Brookings Institution Press

DOWNLOAD EBOOK

U.S. defense spending isn’t excessive and, in fact, should continue to grow because it’s both affordable and necessary in today's challenging world. The Uni
Long-term Defense Spending
Language: en
Pages: 88
Authors: United States. Congress. House. Committee on the Budget
Categories: United States
Type: BOOK - Published: 1990 - Publisher:

DOWNLOAD EBOOK

The long-term implications of current defense plans
Language: en
Pages: 123
Authors:
Categories:
Type: BOOK - Published: 2003 - Publisher: DIANE Publishing

DOWNLOAD EBOOK

In January 2003, the Congressional Budget Office (CBO) published The Long-Term Implications of Current Defense Plans (ADA410669), which was based on the fiscal
Resourcing the National Defense Strategy
Language: en
Pages: 124
Authors: United States. Congress. House. Committee on Armed Services
Categories: Budget
Type: BOOK - Published: 2010 - Publisher:

DOWNLOAD EBOOK

Long-Term Implications of Current Defense Plans
Language: en
Pages: 124
Authors: Lane Pierrot
Categories: Budget
Type: BOOK - Published: 2003 - Publisher: Government Printing Office

DOWNLOAD EBOOK

A CBO Study. Addresses the implications of the Bush Administration's defense plans for both resources and forces.