A Conversation with Barney Frank
C. Peter McColough Series on International Economics: The Emperor has too Many Clothes: Adjusting America's Military Spending to Reality
Congressman Frank will discuss the impossibility of significant deficit reduction in the United States without significant reductions in military spending.
Policymakers are currently debating the appropriate level of U.S. military spending given increasingly constrained budgets and the winding down of wars in Iraq and Afghanistan. The following charts present historical trends in U.S. military spending and analyze the forces that may drive it lower.
Max Boot argues that the new defense budget unveiled by Secretary Hagel in February would cripple the U.S. military.
Writing in Defense One, Janine Davidson and Emerson Brooking assess the ramifications of the anti-ISIS air campaign's expansion into Syria. They argue that the campaign will be stymied without robust regional partnerships. They conclude that, should the campaign escalate further, both domestic funding and political authorization will become significant issues of debate.