Superior Firepower Pays Fat Dividends

This month, President-elect Trump annoyed some people when he criticized two top defense contractors on Twitter.

Imagine a military force that, for the first time since World War II, cannot fight and win a two-front war. This version of the U.S. military would also fall behind on maintaining its nuclear deterrence.

The Pentagon’s internal auditing arm charged with ensuring that DOD spends its money properly has a $574 billion backlog – leaving potentially tens of billions of overpayments to contractors on the table.   

WASHINGTON — The White House says President Donald Trump’s upcoming budget will propose a whopping $54 billion increase in defence spending and impose corresponding cuts to domestic programs and foreign aid. The result is that Trump’s initial budget wouldn’t dent budget deficits projected to run about $500 billion.

WASHINGTON (AP) — Senate Democrats unveiled a largely stand-pat budget Wednesday that calls for $1 trillion in new tax revenues over the coming decade but actually increases spending, while protecting the party's domestic policy priorities and adding $4 trillion more to the national debt than a slash

Just in case the stakes in the final episode of the 2012 season of the "Fiscal Cliff" soap opera, and a 30 second advertising block was not selling for a record amount, here comes the Pentagon with a warning that it may fire almost 1 million civillians their services will be required but unpaid if there is no Cliff deal.