In the News

Obama’s Pentagon Cuts Not What They Seem

Lawrence Korb and Laura Conley show what kind of defense spending cuts we should be making in CNN Money.

For those of us who believe the U.S. government is spending more on defense than it needs to, President Obama’s budget on Monday will bring what sounds like welcome news: The administration is expected to propose a $78 billion reduction in defense spending over the next five years.

Unfortunately, there’s a lot more to the story.

The above excerpt was originally published in CNN Money. Click here to view the full article.

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Authors

Lawrence J. Korb

Former Senior Fellow