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DoD budget cuts proposal

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  • DoD budget cuts proposal

    It is all over the news and no shock to many. Who agrees with this and finds this necessary?

    Here is the article http://www.armytimes.com/article/201...icare-benefits

  • #2
    Makes sense. Education, infrastructure, social services. Almost every segment of the economy has taken a financial hit. Now the military has to take a bite. There's no getting around it.

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    • #3
      Entitlement spending has exploded in the past ten years. No portion of the federal budget has taken any significant reductions other than military spending.

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      • #4
        Do you think budget cutting is the right step to boost economy? Somehow, it can help, but it will affect individuals. According to the Federal Reserve Beige Book study, there is a moderate growth between July 1 and the middle of August compared to the prior six week period. Despite this improvement, payrolls continue to remain stagnant. Source of article: Federal Reserve Beige Book.

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