Defense Budget

Transcript

The Price of Liberty: Paying For America's Wars

Speaker: Robert D. Hormats
Presider: Lawrence J. Korb

As the fight between Congress and the administration about Iraq war funding rages, Robert D. Hormats, vice chairman at Goldman Sachs and author of The Price of Liberty: Paying for America's Wars, contends that borrowing to pay for the Iraq war and an unclear fiscal strategy for paying for a long-term war on terror threaten not only our financial security, but our national security.

See more in Iraq; Wars and Warfare; Defense Budget; United States