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- How Will America’s Borrow and Spend Politicians Pay for an Imperial Foreign Policy?
How Will America’s Borrow and Spend Politicians Pay for an Imperial Foreign Policy?
by Doug Bandow The American Institute for Economic Research
During the Cold War Republicans took the lead in pushing for ever-increasing military outlays. Pushing expenditures upward was one of President Ronald Reagan’s priorities and led to constant battles with the Democratic House. Today, however, GOP members are pushing on an open door.
Last year Congress passed a record $858 billion Pentagon spending bill. This number didn’t include important national defense expenditures, such as for nuclear programs, which lie within the Department of Energy. When a few Republicans pushed for cuts during the January speakership stand-off, Democratic as well as GOP hawks vilified the holdouts.